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

‘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.

by | 2 Dec, 2020

Legislating under pressure

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

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