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Blaketeam

  • Blaketeam replied to the topic PI structures in the forum Legal & Accounting 17 years, 10 months ago

    The statement is not quite correct. In general trusts can borrow money.

    Superfunds are prohibited from borrowing money. Therefore the trust that is estabished for you to manage a Self-managed Superfund will not be permitted to borrow money. Therefore all leverage is lost.

    The principle advantage of Superfunds is the low rate of taxation.…[Read more]

Blaketeam

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