This paper looks at how to deal with tax risk - looking at matters in respect of corporate governance, managing resources and relationships and staying in a job, from the perspective of internal tax managers. Including:
- Position of Directors and other Officers
- Position of internal tax managers and staff
- Position of external Tax Advisors
- Getting the most out of the relationship between internal and external advisors
- Getting the most out of the relationship between internal advisors and the ATO relationship managers
- Dealing with Treasury (law change)
- Getting the most out of the relationship between internal advisors and external auditors
- Getting the most out of the relationship between internal advisors and internal auditors - a report card
- Importance of a Corporate Values System
- Role of voluntary disclosure
- What tax issues should be referred to the board?
- What tax issues should be referred to external advisers - accountants, solicitors, barristers, valuers?
- How do you advise the board?
- What do you really need?
- What is really at stake?