*ATO ID 2015/7 – Receiving a lump sum from foreign superannuation fund – correct currency translation rule for ‘applicable fund earnings’ [29]
The ATO has issued ATO ID 2015/7 which deals with the correct foreign currency translation rule for working out an individual’s “applicable fund earnings” when an individual receives a superannuation lump sum from a foreign superannuation fund.
[IT, 18/2/15]