Independent Financial Adviser --- Page: 17 : 24 March 2008 Original article by Karin Derkley
LexisNexis Summary
Self-managed superannuation funds (SMSFs) must carefully assess the implications of the goods and services tax (GST) for their investment strategies. This matter was one of the topics discussed at the recent conference of the SMSF Professionals' Association of Australia. Cindy McDonald, the CEO of Opez Customised Superannuation Solutions, and a business solutions director from RSMI Bird Cameron, said the transfer of a business property into a fund may have a number of tax implications. It would be unwise, for example, to focus on stamp duty savings while ignoring capital gains tax and GST.
