Tax Practitioners Board integrity decision upheld by Federal Court
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There remains confusion around limited recourse borrowing arrangements (LRBAs), according to one consultant, with a lot of practitioners still failing to understand how the rules operate.
Miller Super Solutions founder Tim Miller told SMSF Adviser that a lot of the recent industry discussion and ATO guidance on LRBAs and related party loans in particular has thrown up new and existing LRBA issues for practitioners.
Read the full story at SMSF Adviser.