ATO puts Aussiegolfa in context

The Australian Taxation Office has published a decision impact statement on the high-profile Aussiegolfa case, saying it does not consider that the case is authority for the proposition that a superannuation fund trustee can never contravene the sole purpose test…

Aussiegolfa sole purpose test case still open to appeal

Property investment company DomaCom jumped the gun last week when it announced that court action to determine the status of its investment scheme under superannuation law, in the Aussiegolfa case, had been concluded. That was not the case. DomaCom understood…

Q&A 3 September 2018

Q: My wife and I have long been wine enthusiasts. Can we use our SMSF to invest in wine? A: The first thing to do is review your fund’s trust deed to ensure the relevant power to invest in wine…

Q&A 14 August 2017

Q: My wife and I have long been wine enthusiasts. Can we use our SMSF to invest in wine? A: The first thing to do is review your fund’s trust deed to ensure the relevant power to invest in wine…