In this session we took a practical look at how to manage the risk of “getting it wrong” (or at least the ATO taking a view different to yours).
- What strategies are available for resolving this uncertainty
- When is a RAPP preferable to a private ruling, and vice versa?
- What are the alternatives to applying for a private ruling?
- What about the impact of Practical Compliance Guidelines – are PCGs LAW or LORE?
- Weighing up the penalty risk; and
- How to best engage with the ATO to maximise your