smsf managers e superfund, page-34

  1. 53,882 Posts.
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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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