Australia: Tax Risk Management and Governance Review Guide
The Australia Taxation Office recently writes:
“We have embraced the increasingly global view that tax risk management must be a part of good corporate governance. The presence and testing of a tax internal control framework are an integral part of the risk-assessment protocols used by tax authorities.
This guide was developed primarily for large and complex corporations, tax consolidated groups and foreign multi-national corporations conducting business in Australia. The principles outlined can have application to a corporation of any size if tailored appropriately.”
See more here.
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