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Individual Podcasts

Distributing Profits Within Professional Practices: The Commissioner Strikes!

Everett assignments have been a popular income splitting strategy for professional firms for several decades, but the ATO’s position has changed in recent years. This session considers the 2015 guidance issued by the Commissioner on distributing profits within professional firm,

Date/Time

About the Podcast

Everett assignments have been a popular income splitting strategy for professional firms for several decades, but the ATO’s position has changed in recent years. This session considers the 2015 guidance issued by the Commissioner on distributing profits within professional firm, the suspension of that guidance in December 2017, and what this means for taxpayers going forward.

Featuring: Anna Wilson, Barrister, Victorian Bar, Melbourne

[29.30 minutes] [0.48 CPD hours]

Presented By

Anna Wilson
Barrister, Victorian Bar Melbourne, Vic

Anna acts for the Commissioner and the taxpayer in both State and Federal jurisdictions. Her practice extends to tax technical and structuring advice, tax investigations and audits, private rulings and objections, through to litigation and alternative dispute resolution. Anna also acts in regulatory/disciplinary matters such as those involving registration with the Tax Practitioners Board and/or membership of professional accounting associations. She was involved in the superannuation round of the Financial Services Royal Commission and acts in disputes between members of self-managed superannuation funds.

Anna lectures in the Masters program at Melbourne University, teaching the subject Capital Gains Tax: Problems in Practice.

CPD Information

0.01 CPD Hours

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