This presentation covers:
- the 'ATO advice' product offerings - private, public, product and class rulings
- the effect of having a ruling, including 'Will it cover Part IVA?' and can it be relied upon?
- withdrawal of a ruling - when and how?
- material difference in the facts underlying a ruling - what is the impact?
- where do ATOIDs fit?
- is a ruling application likely to have consequential issues?
- timing and cost issues
- the need for completeness and candour
- challenging the ATO position - is it better to tackle the ruling or the assessment?