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Shot across the bow : ATO puts professional firm profit allocations on notice

Accountants and business leaders who hold equity positions in their firms and split profits between personal income and associated entities, have been urged to consider whether the arrangements put them in the path of the ATO.

ATO releases new guidance on allocation of professional firm profits

The ATO has released its compliance approach to the allocation of profits or income from professional firms.

ATO releases final PCG on professional firm profits

The ATO has published new guidance on the allocation of profits in professional firms and warned that certain arrangements involving the disposal of an interest to an SMSF may be considered high-risk.

TP controversy: The dynamic landscape of intangibles arrangements

TP controversy: The dynamic landscape of intangibles arrangements
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