The ATO has released its updated Law Companion Ruling (LCR) 2021/2 regarding the application of non-arm’s length income (NALI) laws with the SMSF Association giving it a mixed welcome noting it still lacks specific guidance in places.
Check out this powerful visual journey through the most powerful earthquakes ever recorded. From massive Chilean earthquakes along the Pacific Ring of Fire to the more recent Russia earthquake in Kamchatka, this timelapse shows how Earth's fury has shaped our world.