PCG 2019/5 – The Commissioner’s discretion to extend the two-year period to dispose of dwellings acquired from a deceased estate
The submission to the Australian Taxation Office’s (ATO’s) consultation on Practical Compliance Guideline 2019/5 (the Guidelines) was prepared by the Law Council of Australia.
The Law Council welcomes the ATO’s ongoing commitment to engaging with the legal profession and driving improvements in the administration of tax laws. This submission responds to some of the ATO’s consultation questions.
The Law Council acknowledges the assistance of its National Elder Law and Succession Law Committee and the Taxation Law Committee of the Law Council’s Business Law Section in the preparation of this submission.