Quantcast
Subscribe to our newsletter

 

 

‘Judge, jury and executioner’: IPA shoots down proposed ATO penalty regime

A recommendation to equip the ATO with the power to penalise egregious tax agents directly has been slammed by the Institute of Public Accountants.

‘Judge, jury and executioner’: IPA shoots down proposed ATO penalty regime
smsfadviser logo
  • Shared by Accountants Daily
  • December 03, 2020
share this article

The recommendation, contained in the final report of the review of the Tax Practitioners Board, had called for the government to provide the ATO with a new administrative penalty regime to allow it to impose penalties on tax practitioners who demonstrate an intentional disregard of the taxation laws.

Read more at the Accountants Daily

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles