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Promoter penalties - a nighmare for a politician or just a dream!

Publication date: 17 Feb 06 | Source: WEEKLY TAX BULLETIN

Issue: No 7 2006

Pages: pp. 255-256

Abstract:
The new tax scheme promoter provisions have finally been introduced. They raise some interesting questions particularly in relation to what conduct will result in a contravention of the provisions and no doubt these still unresolved questions focusing on the grey areas of the operation of the legislation will be the subject of much discussion in the coming months.

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Author profile

David Williams CTA-Life
David is a Strategic Adviser in relation to taxation matters operating principally in Sydney. He has been involved in taxation matters for over 35 years, the last 10 as a sole practitioner, and has been writing and presenting on the subject of tax fraud and tax offences since the 1980s with a more recent focus on lessons coming from Operation Wickenby and related investigations, and is the author of Investigations by Administrative Agencies. David was the President of The Tax Institute in 2010. - Current at 18 September 2013
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