On 26 March 2009, the Taxation Institute made a submission to Treasury in relation to the Exposure Draft of Tax Agent Services (Transitional Provisions and Consequential Amendments) Bill 2008 and Explanatory Material released for public comment on 12 February 2009. The submission focuses on two key areas of concern:
- the proposed safe harbour provisions; and
- the transitional rules for entities that are not currently required to register to provide a taxation or BAS service for a fee.
For a copy of the submission, go here