Sole Purpose Test, page-4

  1. 2,568 Posts.
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    Hi Infose,

    My understanding was that any payments to trustees are not on.

    Remunerate can be interpreted in a number of ways.

    But the ato is pretty clear about payment.


    https://www.ato.gov.au/uploadedFiles/Content/SPR/downloads/spr46427n11032.pdf


    This link is to the ATO's booklet on SMSF's, page 5 of interest to you.


    I vaguely remember problems such as yours  forced me to separate the corporate trustees, but a long time ago, cant remember the details.


 
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