Private Binding Rulings with Self Assessment

Authors

J. Fitzgerald, Australian Taxation Office

Publication Date

1993

Recommended Citation

Fitzgerald, J., Private Binding Rulings with Self Assessment, School of Accounting & Finance, University of Wollongong, Working Paper 12, 1993.
https://ro.uow.edu.au/accfinwp/99

Abstract

The Taxation Laws Amendment [Self Assessment] Act 1992, [Act No. 101 of 1992], provided for a system of binding and, in some cases, reviewable tax rulings. Rulings may be either Public or Private. To-day I will be talking to you about Private [Binding] Rulings but it would assist if I just spoke briefly about Public Rulings which incidentally are not reviewable. Only Private Rulings will be reviewable by the Administrative Appeals Tribunal [AAT] or the courts.