A question we get from time to time is whether the trustee(s) of an SMSF can enter into transactions such as a loan, lease or another type with a fund member’s former spouse. In this article, we will consider a number of compliance issues with SMSF transactions involving a former spouse.
related party
Can an SMSF sell a collectable to a related party?
Can SMSF trustees sell a collectable (artwork) to a relative and does it require a valuation report?
Can an SMSF lease residential property to a related party?
Can an SMSF lease residential property to a related party? Maybe, if we are to believe the full Federal Court in the judgement it handed down in the Aussiegolfa Pty Ltd (Trustee) v Commissioner of Taxation [2018] case last month.
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