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The rulings system: have you got protection? presentation

Member Price: Free
Non Member Price: $15.00

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Published on 04 Nov 04 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This presentation discusses how to deal with tax risk - obtain a ruling. Including:

  • what is a ruling?
  • when is the Commissioner bound? - full and true disclosure revisited
  • who may rely upon a ruling?
  • when can you disregard a ruling?
  • what do you do when a ruling is unfavourable?
  • problems with rulings
    • timing and cost issues
    • partial rulings
    • anti-avoidance
    • arm's length arrangements
  • the ATO's agenda.

Author profiles

Ian Stanley CTA
Ian Stanley is a barrister whose practice at the Sydney Bar focuses on revenue law. Ian holds bachelor degrees in Economics and Law from the Australian National University and a Masters of Law from the University of Sydney. Ian has advised extensively on matters concerning residence. - Current at 12 July 2013
Click here to expand/collapse more articles by Ian STANLEY.
Judith Sullivan
Judy is Principal Solicitor at Judy Sullivan Consulting Pty Ltd. From 2013 to 2020 she was a tax partner at PwC in Sydney. Prior to this she was a tax partner at King & Wood Mallesons in Sydney, and a senior tax lawyer at Mallesons Stephen Jaques, Gilbert & Tobin and Ernst & Young. She has been a member of committees and working groups for the Law Council of Australia and the ATO, on the Advisory Committee to the Board of Taxation, and Deputy Chair of the ACT Gambling & Racing Commission. Judy holds degrees in Economics and Law from the Australian National University and a Master of Laws from the University of Sydney. Judy was appointed to the Board in October 2020. - Current at 14 December 2021
Click here to expand/collapse more articles by Judy SULLIVAN.

 

This was presented at NSW Annual Intensive Retreat: Managing tax risk for corporate taxpayers .

Get a 20% discount when you buy all the items from this event.

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The rulings system: have you got protection?

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