Date: 20 September 2023 – 04 October 2023
The Australian Government has released a set of exposure draft legislation that amends the Taxation Administration Act 1953 (TAA), the Taxation Administration Regulations 2017 (TAR), and the Tax Agent Services Act 2009 (TASA) to deliver its response to the PwC tax leaks scandal.
The draft bills cover:
- information sharing
- Tax Practitioners Board reforms
- reform of promoter penalty laws
- whistleblower protections
The government welcomes feedback from stakeholders.
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