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'Taxing times' or 'Beware the magic pudding'

Publication date: 01 Jul 98 | Source: INVESTMENT & TAXATION BULLETIN

Issue: Vol 2

Pages: pp.123-128

The ATO has increased its scrutiny of many 'tax effective' schemes which are now being offered to retail investors. This speech, by the Commissioner of Taxation in June 1998, outlines the ATO's views.

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Author profile

Michael Carmody
Michael was appointed Commissioner of Taxation on 23 January 1993. This appointment was renewed on 23 January 2000. Michael joined the Tax office in Melbourne in 1968 and moved to the Policy and Legislation area of Head Office in 1973. In 1983, Michael moved to the Sydney branch of the Tax office where, as First Assistant Deputy Commissioner, he was responsible for the technical areas of the office before moving to become Deputy Commissioner of the Parramatta branch in 1983. Michael returned to National Office in 1986 and, shortly thereafter, was appointed as Second Commissioner. In late 1987 Michael took overall responsibility for the Tax Office's Modernisation program. - Current at 14 November 2005
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