PCG 2021/D2 – ‘Allocation of professional firm profits’ – Professional Bodies make submissions to ATO consultation process (taxpayers corralled too narrowly)
The professional bodies have released their joint submission to ATO, as part of its consultation, regarding draft Practical Compliance Guideline PCG 2021/D2 (Draft Guideline) – which is about how it will allocate auditing resources to structures and other arrangements professional firms put in place, that affect who the end recipient is, of the income of…