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Technical amendment recommended to cut red tape on Div 293: SMSFA

In its submission to the Board of Taxation Red Tape Reduction Review, the SMSFA stated there are a number of technical amendments that could be implemented in the short-term to address unintended consequences or reduce regulatory complexity and in-turn cost. “We welcome the opportunity to contribute to the review to reduce red tape in the tax system and strongly support the government pursuing ways to...

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