24 April 2007

The Inspector-General of Taxation's review of Tax Office's Management of Complex Issues - Case Study on Service Entity Arrangements

The Government today released the Inspector-General of Taxation’s report Review of Tax Office’s management of complex issues — Case study on service entity arrangements.

This review was announced as one of three case studies which the Inspector-General is using to examine and report on the Tax Office’s ability to identify and deal with major, complex issues within reasonable timeframes.

The report examined the Tax Office’s ability to identify and deal with issues concerning service entity arrangements in the period between 1978 and 2006.

The Inspector-General has made recommendations to the Tax Office designed to improve its processes for:

  • providing advice to taxpayers;
  • identifying and managing changes to general administrative practices; and
  • auditing service entity arrangements.

The Commissioner of Taxation has already responded to the Inspector-General’s recommendations.

The report, which also contains the Tax Office’s response, is available at www.igt.gov.au.