Technical Summit 2021
This session will explore the ever increasing popularity of crypto/digital investments and the impact they will have on SMSFs. Whether it be cryptocurrency or non-fungible tokens or whatever lies just around the corner, this session will look at the impact of a reactive regulatory environment versus a proactive investment environment.
At the end of the session, you will be able to:
- Understand the holding requirements for digital investments;
- Learn about the personal use asset considerations, and;
- Address all the expected audit requirements linked to non-standard investments.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. 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 paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association