maintenance
Journals
Books
TaxWise® News
Become a member
Renew your membership
Upgrade or transition your membership
Member portal
Community
Resources
Discover our vast resources, designed to help you support your members and grow your business.
Insights
Explore key insights on policy areas, get latest news and thought leadership or get in touch with our media team.
Events
A broad range of events and opportunities across Australia in a variety of formats to suit today’s busy tax professional.
Education
Whether you're looking to upskill, stay on top of emerging tax issues or keep up with your CPD our structured education puts you in the right place.
Membership
Join a collective voice of over 15,000 practitioners at the heart of the tax profession in Australia.
About us
The Tax Institute is Australia's leading professional association and educator in tax, providing the best resources, professional development and networks.
Events
Education
News & media
Explore by Topic
<div class="ais-Hits ais-Hits--empty">
<div class="alg__noSearchResult">
<div class="alg__noSearchResult_left">
<h5>Search Terms</h5>
<p class="noResult-note">No results for term "${term}"</p>
<p>Here's some search tips for better results:</p>
<ul>
<li>Check the spelling of your keyword.</li>
<li>Try alternate words or selections.</li>
<li>Try a more generic keyword.</li>
<li>Try entering fewer keywords.</li>
</ul>
</div>
<div class="alg__noSearchResult_right">
<ul>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Need more help?</p> <p>Get in touch with us</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Prefer the phone?</p> <p>Contact our friendly team on 1300 829 338</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
</ul>
</div>
</div>
</div>
PCG 2021/D2 Allocation of professional firm profits – ATO compliance approach
CPA Australia, Chartered Accountants Australia and New Zealand, Institute of Public Accountants, the Business Law Section of the Law Council of Australia and The Tax Institute (together, the Joint Bodies) have considered draft PCG 2021/D2 Allocation of professional firm profits - ATO compliance approach (the draft PCG). The following comments represent our general collective views on the draft PCG, and these will be complemented with more specific, separate submissions from our respective associations, member firms and members.
Submission prepared by:
The Joint Bodies
(Chartered Accountants Australia and New Zealand, Corporate Tax Association, CPA Australia, Institute of Public Accountants, Law Council of Australia and The Tax Institute)
Submitted to:
Mr Simon Webster
Director - Professional Firms Compliance
Private Groups and High Wealth Individuals
Australian Taxation Office
For more information, contact:
Elinor Kasapidis
Senior Manager Tax Policy, CPA Australia
03 9606 9666 or elinor.kasapidis@cpaaustralia.com.au
Share this submission
Tagged
- Personal tax & transfer system
- Personal tax
- Allocation of professional practice profits
- Capital & structuring
- Part IVA