Recommendation 3.6

The IGT recommends the ATO:

  1. ensure that its LB&I compliance staff are appropriately skilled to examine and assess the adequacy of a taxpayer’s corporate governance and tax risk management arrangements and that such assessments are the subject of an appropriate internal assurance process; and
  2. remove tax manager personal tax obligations as a consideration when assessing the taxpayer’s tax risk management and corporate governance.

ATO response

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

    Last modified: 02 Apr 2015QC 44737