Australia considers changes to tax agent code of conduct

Administration, License Renewal,

Draft legislation in Australia would allow ministers to use the legislative process to alter the code of professional conduct for tax agents.  "The draft law gives the tax practitioner regulator financial independence from the Australian Taxation Office, updates the objectives of the legislation, adds obligations in the law so tax practitioners are prohibited from using people who are disqualified by the regulator to provide tax agent services, and alter registration renewal provisions so that agents must renew every year instead of their current triennial renewal period."

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