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SMSFs granted ATO extension over LRBAs

An extension for self-managed superannuation fund trustees to ensure their Limited Recourse Borrowing Arrangements are "an arm's length" dealing has been welcomed by the SMSF Association.

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Read more: ATOLRBASMSF AssociationLimited Recourse BorrowingAndrea SlatteryAustralian Taxation OfficePractical Compliance Guideline 2016/5