SMSFs & related party transactions – court ruling
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Running Time: 7:44 Date: 01/03/2019 There’s nothing like a court case to provide clarity when it comes to the complex rules around self-managed super funds. Tax expert Michael Jones outlines a recent federal court case that dealt with particular tests that self managed super funds must satisfy to receive tax concessions. This month he highlights a central plank in superannuation law - the sole purpose test – and what it means for SMSF owners dealing with related party transactions. Topics: Accounting & Tax |
Michael Jones, Cummings Flavel McCormack |