This content is from: Australia

Inspector-General’s review of the ATO uncovers inadequacies in TP planning and resources

The Inspector-General of Taxation (IGT) has announced that his review of the Australian Taxation Office (ATO) uncovered “insufficient transfer pricing capability which was caused by inadequate succession planning and resource management”. The review prompted the IGT to issue 18 recommendations for the ATO, calling for an increase in compliance efforts.

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