Jenny Wong outlines the ATO's efforts to create closer engagement with stakeholders for better tax law and administration outcomes.
I attended an industry event, ‘Connect with Us’, attended by senior Australian Taxation Office (ATO) officials and professional and industry associations last week in Canberra. The aim of the event was to create closer engagement with stakeholders for better tax law and administrative outcomes. The ATO showcased what they had consulted on, how they consulted, who they consulted with and what outcomes are of consultation. These areas include:
The ATO has recently consulted on these new measures with stakeholders to ensure certainty is provided to taxpayers to enable compliance.
KPMG continues to consult and make a contribution on significant tax measures, including the above measures, through our various connections we have in the ATO as well as our contribution through the professional and industry associations.