Forget the Cranston & Operation Elbrus saga - this is the worst thing that I've seen affecting tax administration in years. How this matter could have gone on this far without compromise is completely mystifying. Obviously there must be great underlying "complexity" in this situation that motivated the Commissioner of Taxation to push Mr Pintarich's matter to the limit.
But, even if so, at what price? This outcome has greatly shaken up the business community and their advisers. We await the Decision Impact Statement (& any other related release) with baited breath. In the meantime, the status of any ATO correspondence remains in question, even if it aligns with prior verbal exchanges.
The Australian Taxation Office (ATO) will seek to ensure future correspondence automatically generated by a computer can be relied on, following a recent Federal Court ruling a taxpayer was liable for interest charges on a tax debt, even though he received a letter from the deputy commissioner suggesting he was not.