With the bedding down of both the Government's Review of Self Assessment legislative amendments and the ATO's new priority fast-track rulings facility, seeking a private ruling is a strategic option that now demands re-assessment by corporate groups.
This session not only covered the legislative amendments that have broadened the reach of private binding rulings, but also focussed on practical and strategic issues relevant to corporates assessing whether to seek a private binding ruling. The vital on-going "binding"? nature of a ruling once obtained were also addressed.