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‘Mammoth consequences’: ATO’s NALI ruling draws ire from accountants

The recent ruling on non-arm’s length income (NALI) in super funds by the ATO will have far-reaching consequences for the superannuation sector, according to industry experts.

‘Mammoth consequences’: ATO’s NALI ruling draws ire from accountants
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  • Shared by SMSF Adviser
  • July 30, 2021
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First issued as a draft in September 2019, the finalised Law Companion Ruling 2021/2 issued on Wednesday, which clarifies the ATO's interpretation of amendments to NALI rules relating to non-arm’s length expenditure (NALE).

Read more at SMSF Adviser.

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