Governance institutions and arrangements apply across the tax system, including at the policy design, legislative, administrative, and appeals stages.
In Australia, decisions on tax policy are made by the Government and the Parliament, with formal policy advice provided by the Treasury, in consultation with the ATO. Further advice is provided by many different groups, including tax practitioners, industry groups, think tanks, the public and the media.
A range of possible reforms to tax system governance could be considered to increase certainty, improve consultation processes and enhance public understanding of tax policy and administration.
PRINT Twitter Facebook 1 Like