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Justified trust – Observations to date and future landscape presentation

Published on 22 Aug 19 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

This presentation covers:

  • justified trust concept and the ATO’s journey implementing this concept
  • ATO Programs for top 100 and top 1000 taxpayers and their key findings
  • emerging application of JT model for GST assurance program and top 320/500 program
  • how businesses have been responding, especially concerning tax governance
  • future landscape considerations.

Author profiles

Faith Harako
Faith is an Assistant Commissioner for the Client Assurance Top 100 Program in the Public Groups and International business line. She oversees the Top 100 Program which applies the justified trust methodology to obtain greater assurance that the largest corporate taxpayers in Australia are meeting their tax obligations in a timely and transparent manner. She also leads the Advisor Strategy which focuses on the role that intermediaries play in supporting large businesses. - Current at 13 January 2023
Philip Beswick
Phil Beswick has over 20 years of experience in advising groups on the management and transformation of tax, including tax governance, global compliance and tax technology. He advises clients across industry sectors on assessing, improving and testing governance measures in the context of the ATO Justified Trust framework and global better practices. He also assists companies in their approach to and generation of tax transparency reporting. In addition to Australian based roles he has extensive experience working in Zurich, Paris and Dubai where he advised clients on tax governance, global compliance and tax transformation. - Current at 18 January 2024

 

This was presented at 52nd Western Australia State Convention .

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

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Top 10 SME cases

Author(s):  Clare Thompson

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Justified trust – Observations to date and future landscape

Author(s):  Faith Harako,  Philip Beswick

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The MLI - Australia's other income tax treaty

Author(s):  Graeme Cooper

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