Published on 12 Mar 09
by NATIONAL DIVISION, THE TAX INSTITUTE
All tax agents will need to review their structures and procedures to ensure they are not in breach of any of the requirements of the new regime. This paper focuses on the things you need to do to ensure that the new regime will not adversely affect the ongoing operation of your practice including:
- registration requirements
- adequate supervision and control of employees
- outsourcing to related entities, Australian entities and offshore entities
- structures that can be used including partnerships and trusts
- the Code of Professional Conduct
- updating engagement letters and ensuring instructions are adequate
- penalties for taxpayers relying on tax agents versus sanctions on tax agents for breach of the Code.
Sue is a partner at EY specialising in tax controversy. Sue has worked in tax for more than 25 years, including roles in major law firms and executive roles within the firms in which she has been a partner. Sue was the President of The Tax Institute in 2008, has been a member of several advisory boards, has participated in many consultative forums and lectures in the University of Melbourne Masters of Law program. Sue was a member of the instructing solicitor team working on the Placer Dome litigation.
- Current at
26 June 2019