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SMSFs on ATO's 'hit list' with trust crackdown

Following an ATO announcement that risky arrangements involving trusts will be a key focus for the Tax Avoidance Taskforce, SMSFs have been warned they are not immune from the ATO’s compliance action in this area.

SMSFs on ATO's 'hit list' with trust crackdown
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Speaking to SMSF Adviser, DBA Lawyers director said the ATO is continuing to target higher risk trust arrangements in privately-owned and wealthy groups through its Tax Avoidance Taskforce.

Read the full article on SMSF Adviser.

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