An article on the Professional Planner talks about the reluctance of SMSF owners when it comes to more taxes on Superannuation. They feel that taxation should primarily be aimed to provide a smooth retirement savings system for Australian investors.
SMSF owners are not too keen on the possible recommendations that the Tax White Paper might make. It believes that imposition of more tax and restricting the size of accounts can’t be the answer to any problem.
You can read the original article here.
