Proposed section 8AAZLGA of the Taxation Administration Act 1953

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Publication date: 22 Feb 12

Source: THE TAX INSTITUTE

Abstract:

The Tax Institute and the Taxation Committee of the Business Law Section of the Law Council of Australia (together the Professional Bodies) thank the Treasury for the opportunity to make a submission in respect of proposed s. 8AAZLGA of the Taxation Administration Act 1953 (s. 8AAZLGA).

Two observations are required at the outset: the first concerning consultation time frame and the second concerning the complete absence of appropriate checks and balances.

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