FMPM 730 Policy - Taxation

Intent

To set out the compliance requirements in relation to taxation.

Function	Responsibility of
Compliance with the requirements of applicable taxation legislation	Financial Delegate
Compliance with the reporting requirements of Fringe Benefits and Goods and Services taxation legislation	Chief Financial Officer
Compliance with employment related taxation liabilities	Director, Human Resources Management

The University must ensure that it complies with the relevant Federal, State and Local Government taxation laws, regulations, policies and procedures.
The Financial Delegate, prior to entering into a tax related transaction, must obtain the appropriate advice and/or documentation to ensure compliance with the applicable taxation legislation.
The Chief Financial Officer must ensure compliance with Fringe Benefits Tax and Goods and Services Tax reporting requirements.
The Director, Human Resources Management must ensure compliance with Commonwealth and State taxation reporting requirements in respect of employment related liabilities
All documentation for taxation purposes must be retained and must comply with FMPM 930: Policy – Document Retention.

For enquiries in relation to this FMPM Policy please contact accountsreceivable@jcu.edu.au.

NOTE: Printed copies of this policy are uncontrolled, and currency can only be assured at the time of printing.

Approval Details

Revision History

Version	Approval date	Implementation date	Details	Author
15-01	09/09/2015	10/09/2015	Policy Sponsor and Approval Authority updated to reflect the approved Policy and Delegations Framework	Quality Standards and Policy Unit
12-1	11/2012	20/11/2012	Finance Committee (13/11/2012)
11-1	16/11/2011	22/11/2011
10-01	16/11/2010	22/11/2010
01-01	12/2001	12/2001