The NALI/NALE whirlwind – Where are we at?

  • Presentations, Technical Resource
  • Investment standards

National Conference 2022

The non-arm’s length expenditure (NALE) changes to the non-arm’s length income (NALI) rules have been a controversial topic in the last few years. While we now have the ATO’s final ruling on the new measures (LCR 2021/2), there are still many uncertainties with the operation and scope of the new rules. This session will examine:

  • The NALE/NALI rules;
  • The ATO’s view set out in LCR 2021/2;
  • How to “swim between the flags” for related party dealings; and
  • Where to from here?

At the end of this session, you will be able to: 

  • Understand the NALI/NALE rules;
  • Understand the ATO’s views in LCR 2021/2, and;
  • Identify how to structure related party dealings in a way that doesn’t trigger NALI/NALE.

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