Table - LB&I compliance products
Product Name Benchmark Cycle Time Description Status/Comments
Mutual agreement procedures 730 Mutual agreement procedures seek to provide relief to taxpayers from 'double taxation' arising from the imposition of tax by another Competent Authority. Plan to transition this product to a new rationalised framework: new product on Siebel, revise/update procedures and guidance material
IT standard bilateral APA 720 The IT simplified APA has been developed to encourage taxpayers with lower levels of international related party dealings to enter into an APA to access greater tax certainty around their international dealings. Plan to transition this product to a new rationalised framework: new product on Siebel, revise/update procedures and guidance material
IT complex APA 720 Developed to deal with complex/high risk international related party dealings. Plan to transition this product to a new rationalised framework: new product on Siebel, revise/update procedures and guidance material
IT standard unilateral APA 360 The Standard APA Process has been developed to deal with routine international related party dealings that do not qualify for the simplified APA process and do not include complex/high risk dealings. Plan to transition this product to a new rationalised framework: new product on Siebel, revise/update procedures and guidance material
IT review comp PCR large 730 The PCR is a comprehensive review conducted in real time that will assist active compliance teams to identify and assess potential tax risks, including reportable tax position (RTP) disclosures as they arise. The PCR is generally used on all higher consequence taxpayers who do not have an Annual Compliance Arrangement (ACA) with us.

The new PCR product.

Replaces the IT large pre-lodgment comp review

IT large pre-lodgment comp review 549 The Pre-lodgment compliance review (PCR) product is intended to assist AC teams to identify and assess tax risks for higher consequence taxpayers in real time over the pre-lodgment period.

Has been replaced by IT review comp PCR large.

Scheduled for decommissioning once last case is completed

IT large client risk review 240 The client risk review is to be used as the standard risk assessment methodology for higher consequence taxpayers. It is a broad, case level risk assessment product that will normally cover a range of risk focus areas.

Has been replaced by IT review comp CRR large.

Scheduled for decommissioning once last case is completed

IT review comp CRR large 240 The client risk review is to be used as the standard risk assessment methodology for higher consequence taxpayers. It is a broad, case level risk assessment product that will normally cover a range of risk focus areas.

The new risk review product.

Replaces the IT large client risk review

Transfer pricing record review 180 A Transfer pricing record review involves an assessment and analysis of documentation in relation to international related party dealings to support the selection and application of arm's length pricing methodologies and the arm's length principles. Investigating whether T/P risks could be undertaken in a CRR or SR. This product could potentially be decommissioned.
IT large specific review 180 An IT large specific review is an examination of a specific issue that has generally originated from a special event, a media source or an emerging issue.

Has been replaced by IT review specific SR large.

Scheduled for decommissioning once last case is completed

IT review spec SR large 180 An IT large specific review is an examination of a specific issue that has generally originated from a special event, a media source or an emerging issue. The new SR risk review product. Replaces the IT large specific review
IT large project risk review — HV 120 The IT Large Project Risk Review product provides for a concise risk review within a specific area of focus, which may require the taxpayer to provide targeted information. This product would generally be used for lower consequence taxpayers. Current product, due for an update. In low use.
IT audit comp LBA large 730 An IT large business comprehensive audit is a comprehensive audit of a large market client. The audit should confirm or refute our risk hypothesis.

The new comp audit product.

Replaces the IT large business comp audit

Transfer pricing audit 730 The audit of companies who have been subject to a TPRR and recommended for follow-up action or selected pursuant to TR 98/11 para 4.9. Investigating whether T/P risks could be undertaken in an LBA or SIA. This product could potentially be decommissioned.
IT large business comp audit 730 An IT large business comprehensive audit is a comprehensive audit of a large market client. The audit should confirm or refute our risk hypothesis. The LBA seeks to achieve improvement of compliance behaviour through the successful treatment of risks.

Has been replaced by IT audit comp LBA large.

Scheduled for decommissioning once last case is completed

IT audit spec SIA large 365 An IT large business specific audit is a specific audit of a large market client. The audit should be based upon a risk hypothesis. The outcomes that the SIA seeks to achieve include the improvement of compliance behaviour through the successful treatment of risks (typically one or two risks).

The new specific audit product.

Replaces the IT large business spec audit

IT large business spec audit 365 An IT large business specific audit is a specific audit of a large market client.

Has been replaced by IT audit spec SIA large.

Scheduled for decommissioning once last case is completed

IT APA ACR HV 60 All Advance Pricing Arrangements (APA) are subject to an Annual Compliance Report (ACR) review for the period of the APA, usually three to five years, to confirm compliance with the arrangements in the APA. Current product, due for updating when the APA products are transitioned.
IT large simplified SE — HV 45 The IT Large simplified specific enquiry is a focused enquiry to seek clarification about a major transaction, business event or potential tax risk. Current product due for updating, in low use.
Risk — PTI     The ATO was unable to explain.
Large advance pricing arrangement     No longer in use
IT transfer pricing     The ATO was unable to explain.
IT specific enquiry    

No longer in use

Replaced by IT large simplified SE — HV

IT simplified APA    

No longer in use

Replaced by Mutual agreement procedures, IT standard bilateral APA, IT complex APA and IT standard unilateral APA.

IT Large APA pre lodgement     Non transfer pricing product
IT innovations specific review     Non transfer pricing product
IT compliance assurance review     No longer in use

Source: ATO.

Table - SME compliance products
Product name Product Status Used by PGH? Description Further comments
IT audit spec SME office Active Yes Outlines the process steps a case owner must complete when conducting a letter-based Specific Audit on IT issues in the PGH market CORE PRODUCT
IT HWI Comprehe nsive risk revw Obsolete No A risk assessment product used to test tax risks of HWI clients that may require further explanation or treatment. Superseded now decommissioned
IT Ind tax haven review HV Active Yes Review of tax haven risk whose participants include SME, LB&I and MEI. Used mainly by the international teams
IT internal review Obsolete No A specific review product that examines IT risks without taxpayer contact. Superseded now decommissioned
IT Large APA pre lodgment Obsolete No Used for advance pricing arrangements in relation to related party international dealings Product owned by PGI not used by PGH
IT review spec internal HV Obsolete No A specific review product that examines IT risks without taxpayer contact. Superseded now decommissioned
IT review spec SME PRR Active Yes Conducting a preliminary risk review on IT issues in the PGH market. CORE PRODUCT
IT simplified APA Active No Used for advance pricing arrangements in relation to lower end related party international dealings Product owned by PGI not used by PGH
IT SME 1 comprehensive audit Obsolete No Comprehensive audit of one or more issues over multiple periods to establish the taxpayer's correct liability Decommissioned years ago
IT SME 1 office spec audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 1 specific audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 1 specific audit esc Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 2 comprehensive audit Obsolete No Comprehensive audit of one or more issues over multiple periods to establish the taxpayer's correct liability Decommissioned years ago
IT SME 2 office spec audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 2 specific audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 2 specific audit esc Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 3 comprehensive audit Obsolete No Comprehensive audit of one or more issues over multiple periods to establish the taxpayer's correct liability Decommissioned years ago
IT SME 3 office spec audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 3 office spec audit esc Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME 3 specific audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned years ago
IT SME audit comprehensive Obsolete No Comprehensive audit of one or more issues over multiple periods to establish the taxpayer's correct liability Superseded — cases using this product are still on hand
IT SME comprehensive audit Obsolete No Comprehensive audit of one or more issues over multiple periods to establish the taxpayer's correct liability Superseded — cases using this product are still on hand
IT SME comprehensive review Obsolete No A risk assessment product used to test tax risks that require further explanation or treatment. Decommissioned some time ago
IT SME comprehe nsive risk revw Obsolete No A risk assessment product used to test tax risks that require further explanation or treatment. Superseded — some cases using this product are still on hand
IT SME field specific review Obsolete No Specific reviews that involve contacting SME taxpayers face to face Decommissioned some time ago
IT SME office spec audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Superseded now decommissioned
IT SME office spec audit esc Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned some time ago
IT SME PRA Obsolete No Conducting a specific preliminary risk review on IT issues in the SME market. Superseded now decommissioned
IT SME preliminary risk review Obsolete No Conducting a specific preliminary risk review on IT issues in the SME market. Superseded now decommissioned
IT SME PRR Obsolete No Conducting a specific preliminary risk review on IT issues in the SME market. Superseded now decommissioned
IT SME specific audit Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned some time ago
IT SME specific audit esc Obsolete No Specific audit of an issue to establish the taxpayer's correct liability Decommissioned some time ago
IT SME SR corr Obsolete No Specific reviews that involve contacting SME taxpayers by letter Superseded now decommissioned
IT SME SR corr HV Obsolete No High volume reviews that involve contacting SME taxpayers by letter Superseded to br decommissioned
IT standard bilateral APA Active Yes Used for advance pricing arrangements in relation to related party international dealings Owned by PGI this product is used in a limited capacity in PGH
IT standard unilateral APA Active Yes Used for advance pricing arrangements in relation to related party international dealings Owned by PGI this product is used in a limited capacity in PGH
IT voluntary disclosure Obsolete No Used where a voluntary disclosure is made other than within another audit or review product Superseded — to be decommissioned
Large advance pricing arrang Active No Used for advance pricing arrangements in relation to related party international dealings Product owned by PGI not used by PGH
Lge adv pricing arra rollover Obsolete No Used for advance pricing arrangements in relation to related party international dealings Decommissioned some time ago
Mutual agreement procedures Active No Outlines the process steps a case owner must complete when conducting an agreement case on IT issues in the large market. Product owned by PGI not used by PGH
SME advance pricing arrang Obsolete No Used for advance pricing arrangements in relation to related party international dealings Decommissioned some time ago
Transf pricing record review Active No A Transfer pricing record review involves an analysis of international related party dealings to support arm's length pricing principles. Product owned by PGI not used by PGH

Source: ATO.