Section 252(1) of the Income Tax Assessment Act (“Tax Act”) requires that every company be represented by a “duly appointed” Public Officer within 3 months after the company commences to carry on business or derive income in Australia to ensure its various taxation-related obligations and responsibilities are fulfilled.
The Public Officer is responsible for ensuring that the company complies with the tax law and for liaising with the ATO concerning the company's taxation matters.
Ordinarily a resolution is passed at a meeting of the directors appointing the public officer. The person in question needs to sign a form consenting to act as the company's public officer. This form should be stored with the company records. Once consent has been obtained a 'Notice of appointment of public officer' needs to be sent to the ATO informing them of the appointment.
See Section 252(1) of the Income Tax Assessment Act for more information.
|From the Main Toolbar, go to Company.||
|Select the Company from the list.||
Select Public Officer
CAS 360 will display the Public Officer screen.
|Public Officer Name||
Begin typing the new shareholder's name. CAS 360 will begin searching the Global Contact screen for the person. If the Contact has not been previously added to the Global Contact screen, will appear.
Clickto add a new contact.
|Address for Service of Notices||CAS 360 will automatically prefil the address attached to the contact above.|
|Status||Select the New Status of Public Officer|
|Start Date/Date Ceased||Enter the Appropriate date of the Public Officer|
- Notice of Appointment of Public Officer
- Directors Minutes or Resolution
- Consent to Act