We acknowledge the ATO’s efforts in proposing the administrative concession in respect of unpaid present entitlements and the practical clarification of a number of issues raised with respect to the draft Ruling. However, given the complexity of the ruling, we believe that further administrative guidance is required to assist practitioners and taxpayers. You may access the complete submission here.
Also this week, the Tax Policy and Research team welcomed Tamera Cockerill ATIA in the role of Tax Counsel. Tamera joins Angie Ananda FTIA and Karen Touma in the team - all integral members of the Institute's leading advocacy and research activities.
Please see below for details of other activities this week.
Robert Jeremenko FTIA