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‘Keep reminding the ATO of the cost’: Former deputy commissioner flags audit defence

Tax practitioners should remind ATO audit officers of the cost of compliance when facing exhaustive requests for information, a former deputy commissioner has advised.

‘Keep reminding the ATO of the cost’: Former deputy commissioner flags audit defence
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  • Shared by Accountants Daily
  • November 19, 2020
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“My biggest criticism of the ATO in the audits — they have no understanding of the cost of compliance,” said Michael Cranston, a partner at Waterhouse Lawyers.

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