Taxation - ATO - Taxation Assignment Help

Internal Code : 1AABHG

Taxation Assignment Help

TASK After reading newspapers and journal articles and using wider research platforms such as the Taxation Administration Act 1953, Australian Taxation Office webpage, journal articles etc on the subject of Powers of the ATO and the perceived abuse of those powers you should be able to form opinion to whether the ATO in your view are abusing their powers in relation to small businesses and individual taxpayers. For this area of the assessment you need to explain a) What are the ATO powers and where do they come from? b) How is the Government dealing with the issues that have arisen from the recent media backlash on the perceived abuse of powers by the ATO? c) What is the ATO doing going forward to ensure that they have the Australian public’s confidence again? d) What is your opinion on the issue, do you think the ATO are just doing their job and should use whatever power they have at their disposal to collect revenue which is their main job for the Government. Or are you of the opinion that they have too much power and it should be diluted. Do you consider their actions to be abusive?