Tax blitz on lawyers, accountants

The head of the black economy taskforce has accused accountants and lawyers of engineering the loss of billions of dollars in government revenue by helping clients dodge their tax obligations or failing to understand the extent of the avoidance problem.

Tax blitz on lawyers, accountants

Former KPMG global chairman Michael Andrew said the taskforce had become aware of advisers who promoted schemes that put their clients’ interests before the law.

Read the full article on the Australian Financial Review.

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