The Inspector-General of Taxation has made a submission to the House of Representatives Standing Committee on Tax and Revenue’s inquiry into the external scrutiny of the ATO. While supporting the removal of duplication and inefficiencies, the Inspector-General said any major policy change to reduce external scrutineer functions needs to be informed by a comprehensive analysis that weighs cost against the benefits and risks to arrive at the net benefit.
The Inspector-General said he believed there were opportunities for the ATO to further manage its interactions with external scrutineers to realise greater efficiencies and cost reductions. Such opportunities include improved engagement and collaboration based on full, frank and expeditious information sharing, he said. Further information on the inquiry is available on the Committee website.
[LTN 52, 17/3/16] [APH website for Committee] [Related TT Article]