We are authorised by the Income Tax Assessment Act 1997 to collect the information requested on the Notification of error(s) in the calculation of tax cost setting amounts – Income tax consolidated group form. We need it to update the details of an income tax consolidated group. If the information is not collected, you will need to amend your tax cost setting amounts for the year in which the error occurred.
We are authorised by the Taxation Administration Act 1953 to ask for tax file numbers (TFNs). You are not required by law to provide us with a TFN, however, failure to provide a TFN may result in a delay in processing this notification.
We collect some personal information about you because you signed the form. That information will enable us to ensure that you are the person with the authority within the company to complete the form. It will also allow us to contact you if we need further information.
Where authorised by law, we may give this information to other government departments and agencies, including:
- Australian Bureau of Statistics
- Law Enforcement Agencies.
- Centrelink
We also provide taxpayer information to treaty partners overseas under international tax agreements.
Our privacy policy contains important information about your privacy, including information about how you can access and seek correction of information we hold about you, how to make a complaint if you think we have breached the Australian Privacy Principles and how we will deal with any privacy complaints.
For more information about privacy or if you believe your privacy has been compromised:
- phone our privacy hotline on 1300 661 542
- write to us at the address below
Australian Taxation Office
GPO Box 9990
[insert the name and postcode of your capital city]
For example
Australian Taxation Office
GPO Box 9990
SYDNEY NSW 2001
See also
Read about the privacy notice for income tax consolidated groups – errors calculating tax cost setting amounts.