In relation to objections lodged by taxpayers which of the following statements is most correct?

Question 3Select one:

1. A request for an extension of time to lodge an objection will not be considered where the taxpayer is temporarily overseas.

 

2. A request for an extension of time to lodge an objection will not be granted in all cases and taxpayers should normally lodge their objection request within the time periods specified.

 

3. A taxpayer can only lodge one objection against each assessment.

 

4. An objection against an assessment can be very brief or detailed and it is up to the taxpayer how they wish to prepare an objection.

 

5. It is up to the Commissioner of Taxation only to determine a request for an extension of time to lodge an objection and the taxpayer cannot appeal the Commissioner's decision

Answer rating: 100% (QA)

The most correct statement regarding objections lodged by taxpayers is 2 A request for an extension ... View the full answer