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Federal Court rules partly in favour of DomaCom

A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation Industry Supervision) Act.

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Read more: DomaComFederal CourtSole Purpose TestBenson Family Superannuation FundSIS Superannuation Industry Supervision ActArthur Naoumidis