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Joint Bodies Submission | PCG 2021/D2 Allocation of professional firm profits – ATO compliance approach
Published on 06 Apr 21 by THE TAX INSTITUTE
CPA Australia, Chartered Accountants Australia and New Zealand, Institute of Public Accountants, the Business Law Section of the Law Council of Australia and The Tax Institute (together, the Joint Bodies) have considered draft PCG 2021/D2 Allocation of professional firm profits - ATO compliance approach (the draft PCG). The following comments represent our general collective views on the draft PCG, and these will be complemented with more specific, separate submissions from our respective associations, member firms and members.