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Tax Office releases ‘welcome guidance’ on death benefit income streams

Tax Office releases ‘welcome guidance’ on death benefit income streams

The ATO has provided guidance on what action SMSF trustees should take where they have failed to meet the minimum pension payment requirements for a death benefit income stream.

  • Shared by Accountants Daily
  • July 19, 2019
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In an online update, the ATO has provided clarification on the interaction between compulsory cashing requirements when a member dies and the requirement to pay a minimum pension amount each year.

Read more at the Accountants Daily

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