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Proposed ATO penalty regime faces backlash

The government is unlikely to confer new powers to the ATO to allow it to impose administrative penalties on tax practitioners after strong pushback from the professional accounting bodies.

Proposed ATO penalty regime faces backlash
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  • Shared by AccountantsDaily
  • January 28, 2021
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The ATO-administered penalty regime was one of 28 recommendations contained in the independent review of the Tax Practitioners Board that was released late last year.

Read more at AccountantsDaily.

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