This presentation includes an outline of the ATO’s perspective on the reportable tax position data received during the 2011-12 pilot and the 2012-13 lodgment season. This will be the first year that most higherc onsequence taxpayers should have completed the form. The presentation covers:
- real-time compliance activity such as the prelodgment compliance review
- the ATO’s perspective on the reportable tax position schedule
- the new ATO independent review process for largemarket taxpayers
- possible future directions.