Compliance program 2011-12

GST serious evasion

We will undertake approximately 300 audits and reviews, in relation to taxpayers involved in serious and significant non-compliance with their GST obligations. This audit activity will also look at compliance with their income tax and other tax obligations. Where appropriate, we will refer for prosecution businesses that:

• purposefully do not register to participate in the GST system
• intentionally do not report, or under-report, their GST and other tax obligations
• collude with others to evade or avoid GST and other tax obligations
• intentionally do not pay their GST or other tax obligations, including through engaging in phoenix behaviour or offshore arrangements.

We are also working closely with other agencies, including Australian Customs and Border Protection Services and state revenue authorities, to share information indicating serious non-compliance.

Sections within Small-to-medium enterprises

• Private groups
• Highly wealthy individuals
• Wealthy Australians
• $100 million - $250 million segment
• Employer obligations
• Lodgment compliance
• Trusts
• Phoenix arrangements
• Overseas interests and international dealings
• Division 7A
• Capital gains tax
• Foreign residents
• Capital and revenue losses
• Restructuring by professional firms
• Fringe benefits tax
• Taxation of financial arrangements (TOFA)
• Small business and general business tax break
• Goods and services tax (GST)
• Refund integrity
• Property
• Retirement villages
• Integrity of business systems
• Financial supplies
• International and cross-border transactions
• GST serious evasion
• Excise
• Excise equivalent goods
• Tax reporting of exports including excisable goods
• Wine equalisation tax
• Alternative fuels
• Superannuation
• Managing business tax debt