Would an SMSF trustee decision not to adopt the safe harbour terms from the ATO’s Guidelines in relation to a related party loan breach the Superannuation Industry (Supervision) Act SIS (Act)?
practical compliance guidelines
SUPERCentral News – Issue 141 April 2016 – SPECIAL EDITION
LRBAs at Sea and in the (safe) Harbour The ATO issued on 6 April 2016 what it termed “practical compliance guidelines” in relation to limited recourse borrowing arrangements (LRBAs). These guidelines are referred to as “safe harbour” guidelines. Six Important Points Six important points need to be made in relation to the guidelines. What are […]
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