ATO Tax Crime – What do you do?
Overview
When the ATO suspects your client of tax crime, every decision matters. Equip yourself with practical strategies to manage risk, navigate investigations, and uphold your professional obligations.
This session will cover one of the most concerning issues affecting both individuals and small businesses:
- Introduction to ATO tax crime strategies
- Omitted Income risks
- Over-claimed benefit risks/Refund Fraud
- Identity Fraud
- Offshore asset risks
- Serious Financial Crime risks
- Phoenix risks
- Tax risks for Organised Crime
- Illicit Tobacco
This session will also explore various ATO case studies on matters involving tax crime to unpick the ATO strategies and how advisors can try to mitigate their risks to their clients from suspected involvement.
Learning Outcomes:
Participants will gain an improved understanding of:
- the different types of potential tax crime,
- the tools that the ATO may try to use on suspected tax crime cases, and
- the handling strategies for advisors that may prove useful in managing such ATO actions to the extent possible.
Suited to:
Accountants, tax practitioners, BAS agents, lawyers and other practitioners serving small businesses, private groups and wealthy individuals.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – ATO Tax Crime – What do you do?Video
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Bruce CollinsTax Controversy Partners
is the founder and principal solicitor at Tax Controversy Partners Pty Limited, currently helping clients to resolve all types of tax issues with the ATO and SROs. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Compliance & Engagement Group, covering most ATO functions. Bruce was the head of the Technical & Case Leadership area in Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic, technical and compliance lead for many of the ATO’s audit and investigation programs. Bruce was the Senior Executive sponsor for ATO projects targeting potential Phoenix risks, an important type of suspected tax crime.
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW and is both a member of the Law Council of Australia, its Tax Committee and is current Chair of their SME Committee.