The Tax Institute welcomes the opportunity to make a submission to the Australian Taxation Office (ATO) in relation to the following Draft Taxation Determinations (Draft TDs):
- TD 2021/D2: Income tax: aggregated turnover ” application of the connected with' concept to partnerships, foreign hybrids and non-entity joint ventures (TD 2021/D2);
- TD 2021/D3: Income tax: aggregated turnover ” application of the connected with' concept to corporate limited partnerships (TD 2021/D3); and
- TD 2021/D4 Income tax: aggregated turnover ” application of the public entity exception to the indirect control test (TD 2021/D4).
In the development of this submission, we have consulted with our Small and Medium Enterprises, and Large Business and International, National Technical Committees to prepare a considered response which represents the views of the broader membership of The Tax Institute.