• Recommendation 5.1

    To improve taxpayer and administrative certainty, the Government should consider improving tax law design by:

    1. augmenting existing public consultation processes with tri-partite design teams to determine, for significant proposed tax law, what detail should be provided in the law, explanatory memorandum and the nature and timing of ATO public binding advice;
    2. where the ATO is required to synchronise its public binding advice with the enactment of the law (see recommendation 2.3), ensuring the ATO is appropriately engaged to do so; and
    3. on presentation of the proposed legislation in Parliament, requiring the ATO to provide public confirmation on the nature and timing of the advice to be provided.

    ATO response

    This is a matter for government.

      Last modified: 22 Dec 2014QC 43559