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Trustee behaviour in focus as ATO wins in Administrative Appeals Tribunal

The tax office is stressing the importance of trustees being a fit and proper person, following a favourable ruling in the Administrative Appeals Tribunal.

Trustee behaviour in focus as ATO wins in Administrative Appeals Tribunal
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Trustee behaviour in focus as ATO wins in Administrative Appeals Tribunal

Last month, the AAT affirmed the commissioner properly exercised his discretion to disqualify a trustee, George Hart, from acting as a trustee, investment manager or custodian, or a responsible officer of a body corporate that is a trustee, investment manager or custodian of a superannuation entity.

Read the full article at SMSF Adviser.

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