Deputy Commissioner for Private Wealth, Tim Dyce and Assistant Commissioner, Sarah Taylor discussed the ATO's current approach to engaging with private wealth taxpayers. This included a discussion of the Top 500, Next 5,000 and medium and emerging private groups, and how the justified trust approach will be tailored to the private wealth segment. In addition to providing an update on the progress of these programs, Tim and Sarah provided some insights to some of the issues that are expected to arise as well as the steps that can be taken to prepare for these reviews.
ATO private wealth compliance activity
Author(s):
Sarah Taylor
,
Tim Dyce
Materials from this
session:
Details
- Published On:2 Sep 2020
- Took place at:Online
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This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
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2020
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