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  Superannuation 2022

NALI/NALE and SMSFs investing in companies and trusts

Source: New South Wales

Published Date: 15 Sep 2022

 

NALI and NALE can arise in many cases never before imagined given the ATO's broad construction of s 295-550. Fortunately, the Government is committed to consulting to ensure the NALI/NALE provisions apply as intended. In the meantime, advisers need clarity on what the rules are and where the risks lie so funds are not tainted forever! The NALI/NALE topic focuses on:

  • The status of the proposed legislative change and the latest ATO views
  • Key risk areas including: specific v. general nexus, related party acquisitions, 'special treatment' for private companies and unit trusts, trustee services and discounts (including for employee share ownership).

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Author(s)

Individual Session

NALI/NALE and SMSFs investing in companies and trusts

Author(s): Daniel Butler CTA
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Details

  • Published By: Daniel Butler CTA
  • Published On:15 Sep 2022
  • Took place at:Hilton Sydney

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