This draft operational statement explains the procedures Inland Revenue will follow when issuing notices under the recently enacted provision that authorises the Commissioner to issue a notice to obtain information to support the development of tax policy. 

CA ANZ recommended:

• The draft item should set out a framework that will guide the Commissioner to determine whether information is 'relevant' for the purposes of the section 17GB request.
• Explanation should be added on the process the Commissioner will undertake before a section 17GB notice will be issued.
• More discussion/guidance is required on the meaning of “purpose relating to the development of policy for the improvement or reform of the tax system.”
• The draft item should clarify how Inland Revenue will use the information gathered under the section 17GB notice.