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...
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