, ,

SMSF and Asset Protection from Creditor Claims

, ,
SMSF and Asset Protection from Creditor Claims

When most people think of self managed superannuation funds (SMSFs) they mostly think of a vehicle to provide retirement benefits and their concessional tax treatment. In contrast, the asset protection benefit provided by SMSFs is often not considered.

, ,

TD 2019/D6 and TD 2019/D7: (further) unintended consequences?

, ,
TD 2019/D6 and TD 2019/D7: (further) unintended consequences?

While consistent with recent ATO views, TD 2019/D6 and TD 2019/D7 provide minimal clarification on the taxation of Australian discretionary trusts distributing capital gains to foreign beneficiaries.

,

Super Death Benefits and Conflicts of Interest – The Latest Battleground

,
Super Death Benefits and Conflicts of Interest – The Latest Battleground

Challenging death benefit payments from superannuation funds has followed four broad categories over the years. Interestingly, they have developed in relatively discrete time periods.

,

SMSFs Engaging in Property Developments

,
SMSFs Engaging in Property Developments

SMSFs (self managed superannuation funds) have been carrying on property development activities ever since SMSFs came into existence. Yet despite that there is still a common concern that such activities will cause the SMSF to become non-compliant, or subject to penalties, on the basis that such activities, and in particular undertaking a property development business, are prohibited.