Published on 04 Nov 04
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This presentation discusses how to deal with tax risk - obtain a ruling. Including:
- what is a ruling?
- when is the Commissioner bound? - full and true disclosure revisited
- who may rely upon a ruling?
- when can you disregard a ruling?
- what do you do when a ruling is unfavourable?
- problems with rulings
- timing and cost issues
- partial rulings
- arm's length arrangements
- the ATO's agenda.
Judy is a Tax Partner at PwC in Sydney where she is the National Tax Litigation and ADR leader. Prior to joining PwC, Judy was a Tax Partner at King & Wood Mallesons. Her main area of practice is all aspects of revenue disputes œ from risk reviews and audits through to ADR and litigation. She has conducted major tax litigation in the AAT, Federal Court and High Court. Judy is also a member of the Advisory Panel to the Board of Taxation.
- Current at
02 June 2014
Ian Stanley is a barrister whose practice at the Sydney Bar focuses on revenue law. Ian holds bachelor degrees in Economics and Law from the Australian National University and a Masters of Law from the University of Sydney. Ian has advised extensively on matters concerning residence.
- Current at
12 July 2013