Senate debates

Monday, 20 March 2023

Questions without Notice

Superannuation: Taxation

2:14 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

Well, in terms of the question of whether farmers need to liquidate the family farm in, say, an SMF to pay the tax liability: under our superannuation law, funds should have some liquid assets to meet any additional tax liabilities and to meet their running costs. This is no different. There are a range of—

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