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.
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
Judy is a Chartered Tax Adviser and a tax lawyer. She is a member of the Tax Practitioners Board (appointed October 2020) and Principal Lawyer at Judy Sullivan Consulting Pty Ltd.
Judy was a tax partner at PwC from 2013 to 2020 and (prior to that) a tax partner at King & Wood Mallesons. Over her career she has been on ATO working groups, Law Council tax/NFP subcommittees and the Advisory Panel to the Board of Taxation. She has authored many submissions to the Inspector-General of Taxation and appeared before Federal Government Committees in respect of tax matters.
- Current at
20 August 2021