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ATO Encourages Privately Owned And Wealthy Groups To Document Processes to Identify and Manage Tax Issues and Risks

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a release urging privately owned and wealthy groups to document processes to identify and manage their tax issues and risks.

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Top 500 private groups – know your issues and risks

Top 500 privately owned and wealthy groups should document processes to identify and manage their tax issues and risks.

Our ongoing engagement with groups in the Top 500 tax performance program reveals that many do not have documented procedures for identifying …

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