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Buying shares in a private company
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Brisbane View Drop Down
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Joined: 27/November/2007
Location: Australia
Posts: 1 		  Quote Brisbane Quote  Post ReplyReply Direct Link To This Post Topic: Buying shares in a private company
    Posted: 27/November/2007 at 23:46
I work for a private company with no borrowings in which I own 13%. I am not a director.
 
1. Can I make a small ‘In-specie’ contribution (less than 5% of the SMSF value) to my SMSF ?
2. Can the SMSF purchase shares in the company from unrelated, non-employee, non-director shareholders ?
3. Can the SMSF purchase shares in the company from an unrelated employee who is a director ?


Edited by Brisbane
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cwm67 View Drop Down
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Joined: 11/October/2009
Location: Australia
Posts: 8 		  Quote cwm67 Quote  Post ReplyReply Direct Link To This Post Posted: 11/October/2009 at 22:13
no
no
no
this woudl be caught by the associate rules
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