Annual Compliance Arrangements - what you need to know

Entering into an Annual Compliance Arrangement with us helps to identify tax issues early to avoid costly audits and tax disputes before they happen.

This publication should be read in conjunction with: Large business and tax compliance booklet Large business Annual Compliance Arrangements process map (PDF, 114KB).

Annual Compliance Arrangements

An Annual Compliance Arrangement (ACA) is an administrative arrangement we enter into with you to define and govern our compliance relationship.

An ACA improves practical certainty for you by considering tax risks in real time and complements other products and services we offer, such as our rulings program. It offers a 'no surprises' approach which benefits both of us.

ACAs are available for income tax, goods and services tax (GST), excise and fringe benefits tax or any combination of these taxes.

Each ACA is built around two concepts:

• the taxpayer having sound tax risk management processes
• a commitment to ongoing disclosure of tax risk.