16 Oct 14 Commissioner's address on reinventing the ATO
On 15 October 2014, the Commissioner, Chris Jordan, gave an address to the 2014 CPA Congress held in Melbourne, Victoria. In the address, the Commissioner shares his thinking and approach to improving the tax and superannuation experience in Australia, which he describes as "a long journey of change".
In relation to Project Do It, the Commissioner said that more than 1200 people have come forward so far and 700 people have made disclosures of more than $120 million of income and over $700 million in assets.
In relation to policy and law design, the Commissioner indicated greater use of his administrative discretion, saying:
"Given the complexity and timeframe for law change, we are looking to use administrative solutions when we can. We will use Commissioner’s remedial powers - or Commissioner’s discretion as some describe it to give us some flexibility in interpretation of the law when the words in law do not give the right outcome and are contra to original policy intent."
For a copy of the address, go here