In this webinar recording, presented by William Fettes, Senior Associate, DBA Lawyers will covers:
- What to know about the rewritten NALI provisions concerning non-arm's length expenditure ('NALE') that have effect from 1 July 2018, and key takeaways from the latest ATO guidance in draft Law Companion Ruling (LCR 2019/D3) and draft Practical Compliance Guideline (PCG 2019/D6)
- NALI exposures under the new laws where SMSF trustees/members or their related parties are providing assistance in relation to the SMSF's investments or unit trust investments where the SMSF is a unitholder, eg, assistance in relation to property management or building and development activities.
- The latest ATO view on how NALI applies in relation to NALE general fund expenses (eg, accounting/tax/financial services), such as where partners/directors/staff receive discounted services.
Recorded on Tuesday, 31 March 2020.
Presented by William Fettes
1 CPD Hour