Unpacking the Bendel decision
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Unpacking the Bendel decision
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About this listen
In this edition of the SMSF Adviser podcast, hosts Keith Ford and Aaron Dunn are joined by legal specialist Phil Broderick, principal at Sladen Legal, to discuss the implications of the Bendel court decision – a landmark ruling with potentially far-reaching consequences for SMSFs and private trusts.
This ruling has profound implications for the use of discretionary trusts and corporate beneficiaries, potentially allowing distributions to remain unpaid without triggering Division 7A consequences.
The podcast delves into the significance of the case, drawing parallels to pivotal decisions like Bamford, and explores how it could reshape the landscape for tax and accounting practices in Australia.
Listen as they discuss:
- The interpretation of "financial accommodation" within Division 7A.
- The relevance of this decision for SMSFs
- The potential for the Bendel decision to influence other areas of superannuation law.
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