Disputes

Question 1

The purpose of the disputes regime is to _________ the likelihood of disputes (litigation) between the CIR and a taxpayer by encouraging open and full ____________ between both parties. Described as an “all ________ on the table”

Answer 1

reduce,communication,cards,

Question 2

The phases of the disputes resolution regime, in order, are:

Answer 2

Issue NOPA, Conference, Disclosure, Adjudication/Review, Assessment,
Litigation.

Question 3

A Notice of Proposed Adjustment (NOPA):

Answer 3

is usually issued by the Commissioner of Inland Revenue after completing an
audit of the taxpayer’s affairs.

Question 4

The Commissioner is not required to issue a Notice of Proposed Adjustment (NOPA):

Answer 4

when the change is due to a simple or obvious mistake or oversight.

Question 5

Which of the following statements are true about a Notice of Response:

i. It specifies the items in the NOPA considered to be in error.
ii. It outlines any facts in the NOPA considered to be in error and outlines any further facts that are being relied on.
iii. It specifies the tax laws that are being relied on.
iv. It must be returned within 6 months of receiving the NOPA.

Answer 5

It specifies the items in the NOPA considered to be in error.
It outlines any facts in the NOPA considered to be in error and outlines any further facts that are being relied on.
It specifies the tax laws that are being relied on.