BLB News

THE MINORITY SHAREHOLDER'S ULTIMATE WEAPON: WIND-UP THE COMPANY

30/07/2012

Minority shareholders can have very little power in a company and may be at the mercy of the majority shareholder who can appoint the board and make most of the major decisions for the company.

FEDERAL GOVERNMENT BUDGET ANNOUNCEMENT OPENS UP USE OF LIFE INSURANCE IN SMSFS

30/07/2012

It might not have been on the front page, but for people with an SMSF a small overlooked announcement by the Federal Government on Budget Night might have opened the way for much more flexible use of life insurance as part of their SMSF strategy.

RELATED PARTY LOANS TO SMSFS: 'SHOW ME THE MONEY'

30/07/2012

When is a loan not a loan? When it's a 'financial accommodation'. But be warned - 'financial accommodations' do not qualify for the Limited Recourse Borrowing exemption.

REPORT ON A RECENT FAMILY COURT CASE

30/07/2012

At the end of recent proceedings in the Family Court....

CONCESSIONAL TRANSFERS INTO AN SMSF

25/07/2012

Currently it appears there are a number of States which offer concessional duty on transfers of business real property from a member into their SMSF.