Why Are The Non-Arm's Length Expenses Rules So NALI?

Why Are The Non-Arm's Length Expenses Rules So NALI.jpg
Why Are The Non-Arm's Length Expenses Rules So NALI.jpg

Why Are The Non-Arm's Length Expenses Rules So NALI?

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The non-arm’s length expenditure (NALE) changes to the non-arm’s length income (NALI) rules have been a controversial topic in the last few years. While we now have the ATO’s final ruling on the new measures (LCR 2021/2), there are still many uncertainties with the operation and scope of the new rules. This session will examine:

  • The NALE/NALI rules;

  • The ATO’s view set out in LCR 2021/2;

  • How the ATO’s NALE views affect SMSF trustees and advisors; and

  • Where to from here?

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