Unpacking the Bendel decision

by

Ed.

From www.smsfadviser.com: (Podcast) An interview legal of specialist Phil Broderick to discuss the implications of the Bendel court decision, which poses significant consequences for SMSFs and private trusts.

The ruling may allow distributions from discretionary trusts to remain unpaid without triggering Division 7A consequences, similar to prior landmark cases like Bamford.

The podcast explores the interpretations of “financial accommodation” in Division 7A and the potential influence of the Bendel decision on superannuation law in Australia.

Filed under: SME & Family Business, Superannuation, Tax - General