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Assessing the risk: allocation of profits within professional firms

Published on 07 Jan 15 by THE TAX INSTITUTE

The Tax Institute writes to comment on the ATO’s draft guidelines, Assessing the risk: allocation of profits within professional firms (Guidelines). The Guidelines directly affect our members and also impact on the professional advice given by our members to their clients regarding the use of business structures in a wide range of industries.

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THE TAX INSTITUTE
The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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