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26 Feb 10 National Tax Liaison Group (NTLG) agenda prioritisation teleconference

In preparation for the ATO's NTLG meeting on 31 March 2010, the Taxation Institute's Vice President, Peter Murray FTIA (KPMG), Angie Ananda FTIA and I participated in a teleconference organised by the ATO on Tuesday, 23 February 2010 to discuss the priority of issues raised. Issues on the agenda include:

  • Provision of further guidance in relation to the operation of the new employee share scheme provisions;
  • The Report of the Commonwealth Ombudsman "Australian Taxation Office - use of 'access without notice' powers";
  • The use of ATO discussion papers;
  • Timing of consultation pre Christmas consultations;
  • The Widely Based Settlement Panel
  • Exposure draft legislation on amendments to Corporations law to improve Australia's corporate reporting framework;
  • TFN withholding on distributions from closely held trusts; and
  • Protocols applying to pilot programs.

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