ATO Audits/Reviews - what to expect and how to manage the outcome
Published on 13 Mar 2003
| Took place at Hotel Sofitel, Melbourne
As a result of the increased government funding to pursue audits/reviews, the ATO has created a number of audit teams and empowered them to secure the audit results required by government.
Whether you advise individuals, corporates, or other entities, and whether you advise on income tax or GST, the likelihood is that your clients will be asked to justify the positions they have taken. The onus will be on them to prove that adjustments should not be raised and that interest and penalties should not be applied.
It is not the tax technical issues alone which will determine the outcome of the process. Negotiation strategies, awareness of judicial rights and decisions in relation to privileged documents will also be important.
This seminar stepped through the audit process covering topics including:
- what happens
- the day to day running of the investigation
- which documents qualify for legal professional privilege
Get a 20% discount when you buy all the items from this event.