Published on 28 Mar 12
by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation covers:
- private rulings - Opportunity to obtain certainty from Commissioner on application of tax laws to specific circumstances or transaction
- key feature of self-assessment system of taxation
- Inspector-General Report May 2010 - 8,917 income tax private rulings in 2009, 56% favourable
- two key aspects: preparing private ruling application and managing application with ATO.
Current at 23 April 2012