Digital Assets and SMSFs – BEE alert or BEE alarmed

National Conference 2023

Holding digital assets in SMSFs is all the buzz (or at least was, up until the recent price crashes)! However, holding digital assets in SMSFs is not for the faint hearted.
 
In this session, we will examine the regulatory and tax issues with SMSFs and digital assets, including:
  • Acquiring digital assets (from related parties)?
  • SIS Act issues with holding digital assets
  • Tax treatment of holding and dealing with digital assets
  • Issues that arise with holding digital assets in retirement phase or upon the death of a member.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association