The review process provides us both with an opportunity to quickly and cooperatively resolve matters in a transparent way.

Sometimes we will concentrate on a single issue; sometimes we will review multiple risks or your entire business operation. Reviews help us determine if there are tax issues requiring a more in-depth examination and response.

When we contact you in a review we want to establish a productive and professional working relationship built on transparency. We will be open with you about what has attracted our attention and provide you with an opportunity to self-correct and provide information where needed.

We will provide a clear escalation point to resolve issues with the ATO. You'll be provided with contact details of an executive level officer. You should contact this officer if your assigned officer does not meet your expectations or you have any other concern.

Prior to requesting information from you, we'll contact you or your adviser to identify pre-existing and contemporary information. Working with us will provide faster resolution and reduce your compliance costs. Keeping good records will also help you with our enquiries.

The information we request may include financial statements, schedules, agreements and tax reconciliations. We review this information to clarify our understanding of risks within the context of your business or personal circumstances.

We may need to conduct a formal interview with you depending on the results of our initial meeting and whether we require additional information.

If our discussions with you and our analysis of additional information are sufficient to explain our concerns, we will end our review and advise you of the outcomes.

In other cases we will consider appropriate alternative courses of action, including proceeding to an audit to resolve matters. If this happens we will give you the option of a meeting to discuss our findings and alternatives. At this meeting we will generally give you another opportunity to consider making a voluntary disclosure.

We will advise you of the result of the review in writing.

See also:

Last modified: 04 Dec 2015QC 44995