The Unknown Traps With Tax Effective Products

Published on 30 Oct 2008 | Took place at Leonda by the Yarra, Hawthorn, VIC

This event was part of the Breakfast Club series.

When assessing a tax effective product there is a lot of fine print which is ignored or misunderstood. Further, financial services laws and professional standards may be broken in addition to tax laws. As a result, a tax effective product may not only result in tax litigation with the ATO but in commercial litigation between clients, advisers, financiers and promoters. It can also result in investigations and intervention by regulatory authorities.

This event discussed some unknown traps with tax effective products.