Tuesday, April 08, 2008

More on non-residency

http://www.self-managed-super.com.au/wp-content/uploads/2008/02/residency-issues-with-smsfs-jan08.pdf

http://www.superannuation.asn.au/SMSFs/default.aspx

http://www.ato.gov.au/super/content.asp?doc=/content/71439.htm&page=9&H9
Generally, the day-to-day business of an SMSF must be in Australia at all times during an income tax year. In addition, more than half of the total benefits in the fund must be from members who qualify as Australian residents.

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