This presentation deals with the following practical issues that need to be considered by taxpayers and their advisers when considering the use of alternative dispute resolution (ADR):
- why is the ATO focused on ADR, and what is in it for taxpayers?
- how does ADR fit in to the existing audit, objection and review process?
- what does ADR mean and how does it work?
- how do taxpayers prepare for ADR to get the best outcome, and what are the downsides?
- examples of ADR in practice.