Search results

The Commissioner is bound to administer the law according to a ruling if it applies to the taxpayer and that taxpayer has relied upon it, s. 357-60(1) Sch1 TAA. Reasons why a taxpayer may not rely on a ruling include: 1) They did not make a full disclosure for a private ruling 2) A...

That is exactly why they cannot post. Apply for an oral or private ruling if you want certainty ... or at least a level of protection for 4 years. Posting with "ATO credentials" is tantamount to a public document by the ATO. Anyway, speaking as someone who is prone to 'analysis...