Global

Details

  • Service: Tax, International Corporate Tax, Global Transfer Pricing Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 3/21/2013

Australia - Tax office to focus on multinationals, profit-shifting 

March 21:   Australian Taxation Office (ATO) Commissioner Chris Jordan, in outlining his vision for the future of tax administration in Australia, indicated that the ATO would focus on multinational entities as well as profit-shifting and other areas.

These comments were included in the ATO Commissioner’s speech presented before the Tax Institute Convention in Perth (13 March 2013).


  • Solutions-based approach to design, administration of tax system - A need for a better focus on key issues when law change proposals are being considered, with the involvement of ATO tax technical and external professionals


  • Improvements to dispute resolution
  • Experience tax law personnel now placed with compliance officers, for earlier involvement in the process
  • Recommendation of the Inspector General of Taxation (IGT) to use ATO facilitation officers in small, less complex disputes is in pilot stage for indirect tax matters
  • Expansion beyond the scope of an initial IGT recommendation of independent, pre-assessment review on disputed final large business audit positions by senior technical officers from the Law area (not Large Business area), to address a perception that the review process lacks independence
  • Pilot program for early engagement model to reduce the cycle time for private and class rulings
  • Consultation and engagement - ATO to take an active role in community debate and provide a public view on matters such current discussions on profit shifting and base erosion; review of the consultative process, to consider developing alternatives


For more information, contact a KPMG tax professional in Australia:


David Drummond

+61 2 9335 8695



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1801 K Street NW
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