Documentation to avoid NALI

From www.smsfadviser.com: To avoid Non-Arm’s Length Income implications, thorough documentation of any contributions made to a Self-Managed Super Fund is essential.

The ATO’s interpretation of what constitutes a contribution has evolved, particularly regarding transfers of property at undervalue.… read more

Navigating Q1 2025: Income Tax Accounting Insights

From alvarezandmarsal.com: This comprehensive guide navigates through the critical income tax accounting insights under ASC 740 for Q1 2025.

It covers key areas including the legislative and regulatory environment, tax law changes, accounting standards updates, state legislation changes, and international tax developments.… read more

Blockchain Bites: Robinhood’s AI and crypto push, CME and Google Cloud, …

From piperalderman.com.au: Robinhood has introduced three AI-integrated financial products aimed at younger investors, designed to enhance wealth management and private banking services.

CME Group, in collaboration with Google Cloud, is piloting a tokenisation program to simplify asset management and value transfers using a private blockchain.… read more