PHIL BRODERICK | PRINCIPAL | SLADEN LEGAL | 1 CPD HR

The non-arm’s income rules, or NALI, have been around for decades. Despite that, historically, they have been rarely invoked by the ATO and largely ignored by many advisors and trustees.

However, in the last 10 years, NALI has become an increasing focus for both the ATO and the Government. This has culminated in the non-arm’s length expenses (NALE) law and the ATO’s views of those laws as set out in LCR 2019/D3. In this presentation, Phil Broderick will discuss:

• The NALI and NALE rules and their application to      property development and unrelated trust arrangements
• Key ATO focus areas when considering the application of      NALI
• How to correctly structure an investment arrangement to      avoid NALE and NALI.