The Assistant Treasurer on Wed 14.3.2012, released the Inspector-General of Taxation’s report entitled Review into the Australian Taxation Office’s administration of Class Rulings. Mr Bradbury said the report will “enhance the operation of the class rulings systems, which will further improve the tax administration for the benefit of all taxpayers”.
Overall, the Inspector-General examined information, systems and processes relating to the administration and publication of class rulings by the ATO over a 5-year period between 2006-07 and 2010-11.
The report made 8 recommendations directed at improving the administration of class rulings’ processes and reported areas, including case management and transparency. The ATO agreed with 6 recommendations in full, 1 in part, and 1 in principle.
Further, the Inspector-General has also collaborated with the ATO through the review to “settle on a significant program of work, which when implemented, should deliver improvements to the administration of the class ruling system”.
Source: Assistant Treasurer’s media release No 004, 14 March 2012
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