The way I understand it, you can transfer the shares to a SMSF, but they will have to be transferred at the current market value, thus they will trigger a Capital Gains Tax event.
Now, for you not to have to pay any tax in doing so, it would mean that you or your tax agent, would have used those profits made from your shares, as a Superannuation Contribution Deduction. If that was the case, then of course there would be no tax payable for the transfer.
But that only applies to the amount that a taxpayer can claim as a deduction for any Income Year. If the amount of profits generated from the transfer of shares is greater than the deduction allowed for Superannuation Contributions, then you would have had to pay tax on the balance of the profits.
As such, it would depend entirely on an Individual position and to the profits one makes from the transfer. It is definitely not a blanket situation that applies to everybody.
Please DYOR.
Buddy
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