Getting that related party loan back on track It’s about 2 months away from the 30 June 2016 deadline the ATO has set in relation to fixing any non-arm’s length related party loans advanced for limited recourse borrowing arrangements. Key assets and estate planning considerations for businesses This article discusses some of the key estate […]
related party loans
Related Party Loans to SMSFs: ‘Show me the money’
Townsends Lawyers are finding that some trustees are ignoring the rules on SMSF borrowing from related parties and treating it as a paper transaction rather than a real loan.
Townsend Lawyers is a leading independent law firm, specialising in commercial and business law, corporate advisory, tax, estate planning, superannuation, insurance, trusts and SMSFs.