Global business tax services
The ATO has significantly stepped up efforts to closely monitor companies’ tax compliance and tax governance processes. This, coupled with an increased focus on risk mitigation and a new wave of governance approaches, is resulting in greater demand for Tax Controversy specialist advice.
Deloitte has a market-leading team of Tax Controversy specialists, including numerous former Deputy and Assistant Tax Commissioners and ATO Competent Authorities. Our experienced team of Deloitte tax and legal partners offers a unique and invaluable source of specialist and tailored advice, delivering the best in Tax Controversy capability and technical advice to provide significant value that a team composed exclusively of tax or legal advisors alone cannot match.
Deloitte’s Tax Controversy team is capable of managing every aspect of a tax dispute, no matter how complex, from the ATO’s initial risk review through to settlement or tax litigation. Our ability to provide the highest-quality specialist advice has been considerably enhanced through experience from several recent successful client engagements and the recruitment of high-calibre Tax Controversy specialists.
Our approach to managing Tax Controversy
Engaging a strong team of Tax Controversy specialists at the earliest point in an ATO review/audit is the starting point for successful Tax Controversy solutions. It also increases the likelihood that value and benefit can be created, and that unnecessary problems can be avoided.
Deloitte’s specialists understand the rules of engagement and can develop the best defensive strategy when an ATO review commences. We also understand the links between the ATO’s administration, tax policy and the law and can identify the drivers behind the ATO’s behaviour and actions.
We integrate specialist advice from Corporate Tax partners, who help leverage clients’ own knowledge and evidence in support of their position. For significant disputes, our team of Deloitte Lawyers can handle all aspects of any litigation and legal-dispute processes.
|‘Large Business and tax compliance’ booklet
On Thursday 6 December, the ATO launched its revised ‘Large business and tax compliance booklet. The booklet outlines the ATO’s current thinking on its approach to tax compliance in the large business market. It emphasises that the ATO is committed to administering the tax system in real time. In the attached paper Deloitte provides a snapshot of what is new, other revisions and action points for heads of tax moving forward.