Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

PSLA 2010/4 is not a proposed measure. This practice statement provides guidance on the administration of Taxation Ruling TR 2010/3. Law Administration Practice Statements are instructions to Australian Taxation Office staff. They provide direction/assistance to staff on the approaches to be taken in performing duties involving the application of the laws administered by the Commissioner. They in no way bind or impact on taxpayers other than making transparent the ATO's approach to matters within their purview. In doing so, they provide taxpayers with guidance on options that may be available to them. The ATO is therefore unable to provide an answer to these questions.