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ATO issues verdict on events-based reporting

The ATO has reached a final position on the events-based reporting framework for the SMSF sector, which affords a new and significant carve-out  particularly when compared to APRA funds.

ATO issues verdict on events-based reporting
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This decision references the new regime where SMSFs will be required to report those events which impact on a member’s transfer balance account on a real-time basis. You can read more about the history of the new framework here.

Read the full article on SMSF Adviser.

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