SMSF Association Submission
The SMSF Association welcomes the opportunity to provide this submission in response to the
Inspector-General of Taxation and Taxation Ombudsman’s review of the Commissioner’s general
powers of administration.
Unlike the Commissioners remedial powers (“CRP”), the process of applying for the Commissioner to
exercise their general powers of administration (“GPA”) are clearly set out in PS LA 2009/4.
The current GPA process lacks transparency, is lengthy and does not provide for sufficient stakeholder engagement.