An update from the Australian Taxation Office (ATO) reflects the ongoing expansion of global cooperation regarding the administration and collection of tax.
The ATO’s update to Law Administration Practice Statement PS LA 2011/13 (15 August 2019) outlines the options available to ATO personnel for the recovery of tax-related liabilities when the person who owes the tax liability is outside Australia (the debtor). The update also addresses the ATO’s responsibilities for recovering debts on behalf of foreign tax regulators.
Guidance is provided regarding the following debt recovery options:
Read an August 2019 report prepared by the KPMG member firm in Australia
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