Reviews Announcement – Media Release
The Inspector-General of Taxation and Taxation Ombudsman, Ms Karen Payne, today announced the launch of two new investigations into aspects of the Australian Taxation Office’s (ATO) systems and procedures. The investigations will examine and explore two key matters:
- Rise in collectable debt levels – IGTO will examine the underlying causes for the rise in uncollected, undisputed tax debts (called ‘collectable debts’ by the ATO)
- Tax administration of deceased estates – IGTO will review the ATO’s approaches to dealing with deceased estate tax matters.
The reviews have arisen in response to both market feedback and the ATO’s own Annual Report which shows a debt book of almost $45 billion, with collectable debt accounting for more than half of that amount ie. $26.5 billion.
Read the full media release.
Terms of reference for the two reviews are available.
Media Relations Contact for Office of the Inspector-General of Taxation and Taxation Ombudsman
Marjorie Johnston – Wordmakers
Mobile: 0407 329 430