Following the ATO’s finalisation of guidance on Section 100A, this presentation discusses the practical implication of that guidance in the lead up to 30 June 2023 including:
- ATO’s interpretation of Section 100A
- Tips for navigating the uncertainty
- Defending 100A assertions
- What are “ordinary family dealings”?
- Arrangements safe from ATO compliance action
- Retrospective application from 2014, and
- Promoter Penalties – the potential sting in the tail.