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Reinvigorating the Public Rulings System for Income Tax

Published on 01 Sep 09 by THE TAX INSTITUTE

In response to the discussion at 17 June 2009 NTLG meeting surrounding the Public Ruling Steering Committee update (Item 18) the Taxation Institute of Australia (Taxation Institute) has considered the public rulings program and the role of the steering committee in supporting the program. In particular the Taxation Institute's NSW Technical Committee (Technical Committee) canvassed a number of issues with a view to eliciting better value from the public rulings program. The following observations and suggestions are provided for the purposes of discussion at the NTLG Public Rulings Steering Committee's extraordinary meeting on 11 September 2009.

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