Published on 30 Apr 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
The ATO attitude to professionals and others incorporating or choosing to share their income with others as a result of the structure they have chosen can be traced back to old ATO rulings such as IT2503 and IT276. This paper covers the evolving ATO view on incorporation of professional practices, the use of services trusts and question the current ‘state of play’.
Current at 16 May 2013
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