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How to manage an ATO audit

Under Australia’s self assessment tax system, effective tax risk management is critical in minimising the likelihood of a tax audit and maximising the chances of a favourable outcome from the ensuing investigation. Paul Sokolowski and Clint Harding, of Arnold Bloch Leibler, explain how taxpayers should manage an Australian Taxation Office (ATO) audit to give themselves the best chance of a positive outcome.

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