The ATO as the real Pt 5.3B ‘small business restructure’ regulator?
Some years ago, I wrote an article entitled The ATO as an insolvency regulator,[1] suggesting that with the various insolvency activating powers then available to the Australian Taxation Office, it was the real regulator of the system, not ASIC. That was even before its increased powers given in 2012. That regulatory role has continued, in […]