Taxpayer alert 2013/3 - Professional practice structures
Published on 13 Mar 2014
| Took place at Deloitte, Brisbane
This event explored the basis, and limits, of the ATO’s concerns expressed in TA2013/3, including:
- the recent case of Kelly v Commissioner of Taxation  FCAFC 88, where a trust practice structure was held to be ineffective
- the effect of longstanding High Court authorities such as Everett’s and Galland’s case
- practical steps in implementing and managing a trust practice structure which should be taken to avoid the difficulties identified in TA2013/3
- anti-avoidance considerations.