Tax administration Miscellaneous 2012

Tax risk and corporate governance: The ATO's growing interest in taxpayers self risk management

Source: New South Wales

Published Date: 30 Oct 2012


In 2010, the ATO announced that it would be placing increasing importance on taxpayers’ self-management and mitigation of their tax risks. This is otherwise known as good Tax Corporate Governance (TCG). This presentation covers how to meet the ATO’s expectations for TCG and what to expect if the ATO reviews your risk management systems, including:

  • the ATO’s requirement for documented policies and procedures
  • creating or improving a TCG policy document – what does it look like and what would it include?
  • how to implement a robust TCG framework in your organisation
  • commercial and operational benefits an entity realises on implementation of a good tax risk management system
  • responsibilities for and interests in TCG for the Tax Manager, Tax Function and the Board
  • ATO review and audit of TCG – what to expect.

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

Individual Session

Tax risk and corporate governance: The ATO's growing interest in taxpayers' self risk management

Author(s): Glenn Williams , Emily Marsden


The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))


The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.


Tax administration Miscellaneous 2012

Share this page