Miscellaneous

The Tax Institute Submission | ATO Consultation Paper “ Transition to strengthening client verification

Author: The Tax Institute

Published Date: 15 Jun 2021

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

The Tax Institute welcomes the opportunity to make a submission to the ATO in relation to the Consultation Paper - Transition to strengthening client verification (Consultation Paper).  

The Tax Institute understands the importance of client verification and supports the application of a minimum standard across the tax profession. However, this needs to be balanced with the compliance burden that the verification requirements outlined in the Consultation Paper will impose on tax professionals. Our submission also acknowledges the concurrent release by the TPB of the Exposure Draft TPB Practice Note TPB(PN) D45/202.

Our submission seeks to address the consultation questions in the Consultation Paper and outline the main concerns in relation to the verification requirements set out in the Consultation Paper. 

Details

  • Published By:The Tax Institute
  • Published On:15 Jun 2021
  • Session Name:The Tax Institute Submission | ATO Consultation Paper “ Transition to strengthening client verification
  • Read Time:10+ minutes

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Miscellaneous

Share this page