Original article by Nick Tabakoff
The Australian – Page: 1 & 2 : 22-Aug-17

The Australian Taxation Office wants all companies with turnover of more than $A250 million to disclose their "reportable tax positions", starting from the 2017-18 financial year. The move has been questioned by BDO senior tax partner Tony Sloan, who says it represents a significant reversal of the ATO’s self-assessment regime. He says the ATO appears to be of the view that its reportable tax position policy worked well with Australia’s biggest companies, and so it has decided to lower the reporting threshold.

CORPORATES
AUSTRALIAN TAXATION OFFICE, BDO AUSTRALIA LIMITED