In this episode of the DBA Lawyers Podcast, Bryce Figot, Special Counsel and Shaun Backhaus, Lawyer discuss the case of Aussiegolfa Pty Ltd (Trustee) v Commissioner of Taxation [2018] FCAFC 122 (‘Aussiegolfa’).

Bryce and Shaun discuss the in-house asset issue, explain what the case tells us about the sole purpose test and also discuss how advisers should proceed in light of this case and the ATO’s response.

For a chance to have your SMSF query addressed on the show, please send your questions to [email protected].

Related articles and links below.

The sole purpose test substantially clarified by the full federal court in Aussiegolfa Pty ltd v Commissioner of Taxation

PS LA 2020/3 – how the ATO applies administrative penalties on SMSF trustees/directors

DBA Network

DBA Lawyers

Hosts (in order of appearance): Zacharia Galloway, Lawyer, Bryce Figot, Special Counsel and Shaun Backhaus, Lawyer

23 December 2020