Published on 25 Aug 09
by THE TAX INSTITUTE
The Taxation Institute's submission addresses three key concerns before dealing with a range of other issues that require clarification. In relation to the three key concerns the Taxation Institute notes that it has received correspondence from several members who are concerned at the position adopted in the draft and the possible detrimental affect on their businesses. Given that this is the first time that specialists are being recognised, it is essential that they do not feel disadvantaged on transition to the new regime.
TAXATION INSTITUTE OF AUSTRALIA