Large Business Advisory Group minutes - 19 May 2010

Venue:	Moonee Ponds Tax Office
Date:	Wednesday 19 May 2010
Start:	9.30am	Finish:	4.00pm
Chair:	Cheryl-Lea Field

Attendees

Business and community representatives
Richard Atkinson	Global Advisor, Tax Advisor, Rio Tinto
Stuart Brown	Tax Manager, ExxonMobil Australia
John Burke	Director Taxation, Telstra Corporation
George Chenouda	Tax Manager, Caltex
John Condon	Head of Tax and Regional Tax Manager, BP Australia
Michael De Palo	Partner, Deloitte Touche Tohmatsu
Frank Drenth	Executive Director, Corporate Tax Association
Stephen Green	Group General Manager, Taxation, ANZ
Michael Griffith	Group Manager, Taxation, Linfox
Paul Stacey	Senior Counsel, AMP Capital Investors
Tax Office representatives
Bruce Quigley	Second Commissioner, Compliance
Cheryl-Lea Field	Deputy Commissioner, Large Business & International (LB&I)
Des Maloney	Tax Counsel Network, Law and Practice
Shane Reardon	Deputy Commissioner, GST, Co-chair
Stephanie Priestley	Manager, Client Relationship Management, LB&I
Diane Tanner	Secretariat, LB&I
Nina Terrey	Facilitator, Thinkplace
Invited attendees
Stuart Hamilton	Assistant Commissioner, LB&I - item 2
Judy Morris	Assistant Commissioner, LB&I - item 2
David Allen	Assistant Commissioner, LB&I - item 2
Michael Smithson	Assistant Commissioner, LB&I - item 2
James Beeston	Director, Financial Services Industry Group - item 3
Tom Wheeler	Assistant Commissioner, GST - item 4

Apologies

Peter Walmsley	Chief Tax Counsel, Law and Practice
Grant Cathro	Law Council of Australia
Peter Crone	Director Policy, Business Council of Australia
Darren Day	Head of Tax, Woolworths
Liz Tromans	Head of Tax, National Australia Bank
Karl Wood	Chair, GST working group, Property Council of Australia

Agenda items

Disclaimer

Large Business Advisory Group (LBAG) agendas, minutes and related papers are not binding on the ATO or any of the other bodies referred to in these papers. While every effort is made to accurately record views expressed, the wording necessarily represents a summary of statements of general position only, and care should be taken in interpreting those statements. These papers reflect the position at the date of release (unless otherwise noted) and readers should note that the position on any issue may subsequently change.

Sections within Agenda items

• 1. Welcome, minutes and action items
• 2. Environmental scan
• 3. Taxation of financial arrangements
• 4. Lead relationship manager
• 5. Wrap up and other business