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Blaketeam

  • Blaketeam replied to the topic PI structures in the forum Legal & Accounting 17 years, 3 months ago

    The statement is not quite correct. In general trusts can borrow money.

    Superfunds are prohibited from borrowing money. Therefore the trust that is estabished for you to manage a Self-managed Superfund will not be permitted to borrow money. Therefore all leverage is lost.

    The principle advantage of Superfunds is the low rate of taxation.…[Read more]

Blaketeam

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