Spot on - that leapt out at me too. It makes no sense that to cover a personal tax liability your family super fund would have to sell shares. The whole point of having a family super fund is that it's a separate entity that controls distributions for all beneficiaries (usually a set of defined family members). Further, if it were the case he was going to use those funds to pay off his personal tax liability, it would require the Super Fund to make a distribution to Brayan (which Brayan would also be taxed on as income), so it wouldn't be a very tax effective way of doing it at all...
This just doesn't stack up.
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- Ann: Change of Director's Interest Notice - Mr Mark Brayan
Spot on - that leapt out at me too. It makes no sense that to...
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