Tax advisers who promote exploitation schemes to face $780 million penalty
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
An extensive federal government crackdown on misconduct will increase maximum penalties for advisers and firms promoting tax exploitation schemes from the present A$7.8 million to more than $780 million.
Sparked by the PwC scandal, which involved the consultancy’s use of confidential government information for commercial gain, the planned...
Read more: Tax advisers who promote exploitation schemes to face $780 million penalty
