We refer to the Superannuation Reforms Priority list we submitted to Treasury and the Australian Taxation Office on 21 June 2018 (refer Annexure A). We also refer to our meeting with Treasury and the Australian Taxation Office on 1 August 2018. During that meeting Treasury indicated that it would be interested in hearing suggested solutions in relation to the reform issues we raised in our Superannuation Reforms Priority list.
The purpose of this letter is to outline our suggested solution in relation to the residency status for self-managed superannuation funds' (SMSF) issue raised in our Superannuation Reform Priorities List.