he Australian Financial Review --- Page: 7 : 27 March 2008 Original article by Caitlin O'Toole
LexisNexis Summary
The Australian Taxation Office (ATO) issued a warning on 26 March 2008, alerting taxpayers of tax avoidance schemes. The schemes feature arrangements to avoid rules stopping superannuation funds from borrowing; in this particular case, to fund interests in a unit trust to purchase income-producing property. The ATO is currently reviewing the schemes and has urged taxpayers to be cautious when claiming associated deductions.
