The ATO has vast and invasive powers to recover outstanding tax debts from taxpayers and company directors.
Those powers include recovery proceedings in court, freezing assets, orders to garnish accounts or prevent individuals from leaving Australia, and even initiating insolvency processes. Armed with these powers, the ATO is responsible for collecting what is owed and is actively pursuing outstanding debts – whether contested or uncontested.
Appropriately dealing with contested tax debts is an integral part of managing any tax dispute to allow taxpayers to continue their business and prosecute their case.
In 2023, Arnold Bloch Leibler partner Shaun Cartoon, and senior associate Andrew Spierings prepared a paper covering the recent developments in this space for The Tax Institute’s Private Business Tax Retreat. View the paper below.
David v Goliath: Dealing with ATO Debt and Recovery Action
view paper
Contact our tax team
Arnold Bloch Leibler is the tax controversy sector leader in end-to-end management of taxation disputes and litigation arising from ATO compliance activities and audits.
If you have identified issues or would like assistance in reviewing risks or uncertainties, please contact one of our team members below.
