Superannuation 2013

Managing tax affairs: The duties of the super trustee

Source: New South Wales

Published Date: 29 Aug 2013

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

This paper addresses the duties of a superannuation trustee in relation to managing tax affairs of a superannuation fund under the general law, the SIS Act (especially the revised covenants for trustees and directors) and the APRA prudential standards. The paper covers the management of tax affairs in the context of:??

  • a superannuation trustee’s duty of care
  • ??the best interests and conflicts covenants
  • ??the investment covenant?? Investing in distributing trusts and the myriad of issues that can follow, whether the trusts are managed investment schemes or otherwise??
  • the non-arm’s length income provisions and recent case law??
  • managing errors that arise out of tax matters from a trust law perspective.

Individual Session

Managing tax affairs:The duties of the super trustee

Author(s): John Edstein

Details

  • Published By: John Edstein
  • Published On:29 Aug 2013
  • Took place at:Sheraton on the Park, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Superannuation 2013

Share this page