Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREAustralian Tax Office overhauls fraud and evasion procedures
The Australian Tax Office has strengthened the rules governing how findings of fraud or evasion can be made against taxpayers, establishing a new national review panel to consider all decisions made outside statutory timeframes.
In a new official guidance set to be published on Thursday, the ATO will require any finding of tax fraud or tax evasion to be considered by senior ATO officers and a separate national fraud or evasion advisory panel, made up of experienced and specialist staff.
Read the full article at the Australian Financial Review.
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