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Allocation of professional firm profits
Content Summary
In December 2021, the ATO finalised its guidance on its compliance approach to the allocation of professional firm profits, replacing the previously suspended 2015 guidelines. We have prepared resources to help you and your clients review professional firm profit allocation arrangements and determine the level of risk
Watch our Allocation of Professional Firm Profits webinar
Presentation slides from that webinar, together with additional CPA Australia resources, are also available for your reference:
External ATO Resources:
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