andyc2005 replied to the topic SMSF ‘loan’ to a non-member? in the forum Legal & Accounting 16 years, 12 months ago
thanks for the ATO ruling raddlesi take alot of comfort from the following paragraph…Circumstances that do not result in a contravention of paragraph 65(1)(b) 17. Arrangements where an SMSF invests on commercial terms in an unassociated entity do not result in a contravention of paragraph 65(1)(b) if that unassociated entity, independently of…[Read more]
andyc2005 replied to the topic SMSF ‘loan’ to a non-member? in the forum Legal & Accounting 16 years, 12 months ago
Does PartIVA of the Income Tax Assessment Act apply to the SIS Act? Or is there an equivalent provision for 'scheme'?Thanks