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ATO cracking down on trust distributions

The ATO is ramping up its regulatory focus on SMSFs that have received trust distributions and, with increased its data-matching capabilities, trustees have been warned they’re unlikely to get away with incorrect reporting.

ATO cracking down on trust distributions
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  • Shared by SMSF Adviser
  • April 04, 2016
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In a public note released yesterday, the ATO said it is currently reviewing SMSFs that have received trust distributions.

Read the full story at SMSF Adviser.

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