Provided by SuperannuationWarehouse
Trustees should elect to be a complying SMSF in order to be taxed at the reduced tax rate of 15%. If you do not make this election the Trust will be taxed at a marginal tax rate of 49%.
See this Self Managed Super Fund Trustee Declaration Sample that you can complete. Note that we recommend that you check that this is the most up-to-date form before completing.