- ATO warns advisers to stop aggressively pursuing old tax claims for GST refunds
- ATO will crack down on advisers engaging in “grave digging” for past GST claims
- Concerns about lack of proper documentation and compliance with guidelines
- Contingency fee arrangements for recovering GST refunds create high-risk behavior
- ATO statistics show high rate of voluntary GST disclosures and errors among top companies
- Tax advisers play an important role in helping large taxpayers meet their obligations
Source: accountingtimes.com.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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