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Published on 27 Oct 06
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
“Say nothing” is a mantra that does not work in a corporate situation including:
communicating with the board of directors/audit committee
impact of disclosing board papers/directors minutes to the ATO
communicating with the other parts of the management, internal auditors and external auditors
communicating with external advisers
communicating with the ATO
keeping track of all the communications
requests for a BPR
impact of the promoter penalties
appropriate governance protocols
how do you find out what you don’t know but (based on hindsight) you do need to know?
Chris began his tax career with the Australian Taxation Office working in a range of areas including assessing, audit and appeals. He
joined the Commonwealth Bank tax team in 1990
with responsibility for Australian banking income tax matters including structured and project finance. He has been Head of Tax for 10 years and is a member of the Australian Bankers Association Taxation Working Group. Chris is a past President of the Corporate Tax Association. Current at 11 September 2006
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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