Chartered Accountants Australia and New Zealand, CPA Australia, Grant Thornton, Institute of Public Accountants, Law Council of Australia, Law Firms Australia, National Tax and Accountants' Association Ltd, Pitcher Partners, The Tax Institute and William Buck (together the Joint Organisations) write to you regarding the ongoing consultation concerning the revision of the Australian Taxation Office’s (ATO) guidelines on the allocation of profits in professional firms.
The Joint Bodies
(Chartered Accountants Australia and New Zealand, Corporate Tax Association, CPA Australia, Institute of Public Accountants, Law Council of Australia and The Tax Institute)
Mr Timothy Dyce
Deputy Commissioner – Private Wealth
Australian Taxation Office