PPRuNe Forums - View Single Post - Merged: AFAP and the Mutual Benefit Fund
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Old 9th Aug 2009, 11:34
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Mr Whippy
 
Join Date: Oct 2001
Location: Qld
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To say I have a limited understanding of the current situation would be an understatement but what I do know is at this time the MBF does not pay tax. In order for this to remain the case, the AFAP are required to continue as the trustee (or at least so I'm told). This is apparantly advice from the ATO and is required by legislation as Maui said.

I also voted NO as I don't think we have all the facts from either side. Annoying that my contributions to both parties are being used in this way.
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