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  • Providing independent assurance of our settlements

    The Independent Assurance of Settlements (IAS) program, which was introduced in 2016, reviews and advises on our largest and most significant settlements.

    The IAS program involves four former Federal Court judges (previously three), who provide a view on whether the settlements are fair and reasonable outcome for the Australian community.

    This gives the community confidence that ATO settlements and the settlement processes are fair and consistent with legal principles.

    Settlements selected for review include those:

    • involving multinational enterprises
    • arising from corporate Tax Avoidance Taskforce operations, income tax or indirect tax (such as GST and excise).

    In 2017, the Australian National Audit Office (ANAO) identified that the IAS program contributed to improving our enterprise approach to settlements, with the ATO having the highest level of reporting around settlements compared to other national revenue authorities internationally.

    We agreed with all the recommendations and additional suggestions for improvements raised by the ANAO.

    Find out more:

    Last modified: 19 Nov 2018QC 57387