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Plan overseas travel so fund stays compliant

Michael Hallinan, special counsel for SUPERCentral said to ensure that any overseas travel doesn’t impact the status of the fund, Hallinan said trustee/s should start planning for the management of their SMSF before leaving Australia. He said the Australian residency requirements for an SMSF necessitate that the fund be established in Australia, and the Central Management Control (CMC) to be ordinarily situated in Australia and...

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