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05 May 10 Engagement visits with tax professionals

The ATO has advised that during May and June 2010, the ATO will visit or phone selected tax practitioners (including those in regional locations) who have a significant client base of small businesses with an annual turnover below $10 million.

If contacted, the ATO will focus on a range of compliance focus areas rather than specific clients. These focus areas will include:

  • Division 7A
  • losses
  • capital gains tax
  • good and services tax
  • trusts.


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