Proposed changes in the exposure draft Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 (‘ED Bill’) will impact on the tax treatment of unit trusts that are currently taxed as companies under div 6C of the Income Tax Assessment Act 1936 (Cth) (‘ITAA 1936’). Currently, under div 6C, the 20% tracing [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
This topic has given rise to considerable debate since the ATO’s view on ARPs was finalised in TR 2013/5. Thus, I thought it would be worthwhile illustrating by way of case study how the law applies to this type of situation. Facts We will assume the following facts exist in relation to Rob and Mary: [read more]
We are excited to announce that David Oon has been promoted to Senior Associate at DBA Lawyers. The promotion recognises David’s skill and experience in SMSF law, his attention to client needs and his contribution to industry knowledge and publications, including in an ongoing column in the Financial Review. David has worked at DBA Lawyers [read more]