Recommendation 3.1

The IGT recommends that discrete transactions or business activities of a taxpayer that cause concern for the ATO should not be determinative of the taxpayer’s overall risk rating unless they are substantial compared to the taxpayer’s tax base or are indicative of poor internal governance or fraud.

ATO response

We agreed with this recommendation and it is currently in progress.

    Last modified: 02 Apr 2015QC 44737