Published on 28 May 08
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Tax audits of all complexions are back in full swing after a lengthy hiatus. Reaching a satisfactory outcome for clients requires a palette of skills, tax technical knowledge, doggedness, tact and a sense of humour (at times).
This paper covers:
- the process - how audits start and proceed to a conclusion
- caring for the client - social skills help
- T-accounts, estimates and section 167
- reaching a settlement
- graduating to criminal proceedings.
Ken is a Tax and Commercial Law Director of Schurgott & Co Lawyers and Special Counsel with Brown Wright Stein Lawyers, Sydney. He has extensive experience in all aspects of tax (including state taxes and litigation), as well as business structuring, business sales and acquisitions, asset protection, succession planning and trust and estate law. Ken has been, until recently, a member of the Advisory Panel to the Board of Taxation and heavily engaged in ongoing consultation in relation to the reform of the taxation of trusts and trust issues generally.
- Current at
30 August 2017