In media release No 2011/042, issued 21 March 2011, the Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, announced the release of the Inspector-General's (IGOT's) report "Follow up review into the Australian Taxation Office's implementation of agreed recommendations included in the six reports prepared by the Inspector-General of Taxation between June 2006 and October 2008".
The ATO previously agreed to implement (either in part or in whole) 41 of the 45 recommendations made in the 6 IGOT reports this review analysed. In this latest report, the IGOT acknowledges that the ATO has implemented or made significant progress towards implementing 38 of the 41 agreed recommendations.
However, the IGOT says at para 1.4 of the review:
"Concerns remain in relation to those recommendations or aspects thereof upon which agreement was not reached and/or were not implemented. In particular, the ATO’s comments regarding the IGOT’s recommendation1 to ensure that ATO guidance which is of a significant nature, and which affects a large segment of the taxpayer population be in a binding form. This concern regarding the level of binding advice is also raised in the IGOT 2009 review into the ATO’s administration of public binding advice."
This report is the second of two reviews undertaken by the IGOT to examine the ATO's implementation of the agreed recommendations from all IGOT reports provided to Government up until October 2008.