Australian Tax Office overhauls fraud and evasion procedures
The Australian Tax Office has strengthened the rules governing how findings of fraud or evasion can be made against taxpayers, establishing a new national review panel to consider all decisions made outside statutory timeframes.
In a new official guidance set to be published on Thursday, the ATO will require any finding of tax fraud or tax evasion to be considered by senior ATO officers and a separate national fraud or evasion advisory panel, made up of experienced and specialist staff.
Read the full article at the Australian Financial Review.
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