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International Law
: Australian Regulatory Compliance ReviewService Entity Arrangements
The ATO has issued answers to Frequently Asked Questions on Service Entity Arrangements with special reference to medical practices.
This follows the end of the review period after the release of the Tax Office guide titled Your service entity arrangements NAT 13086 and TR 2006/2 in April 2006 relating to the tax deductibility of service fees paid to associated service entities which provide staff, clerical and administrative services, premises, plant and/or equipment.
Full post as published by Australian Regulatory Compliance Review on June 01, 2008 (boomark / email).
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