The SMSF trustees do have the option of deferring the notional capital gain on the non-exempt amount until the asset in question is physically sold. This would mean that the SMSF does not have to find cash to meet the tax liability until the actual sale occurs.
22 June 2017
Options available for SMSF trustees: Non deferral of gain
Where the SMSF trustees do not elect to defer the notional capital gain, then the …
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