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53,882 Posts.
60
15/06/13
08:30
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it's worth having a corporate trustee
now that the ato consider there are substantial issues with 1/20 of smsf
and
there are moderate issues with 1/10 of smsf
if the ato come after you
liquidate the corporate trustee and squirrel your assets offshore!
or
leave the corporate trustee to face the music and squirrel your assets offshore!
or
just leave the old corporate trustee to face the music and appoint another corporate trustee!
presumably they will want to seize your assets as well
so much for the audit
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