Ram Subramanian, CPA Australia's interim head of policy and advocacy. Source: Supplied
A significant pathway to tax practitioner registration should be closed, the Treasury argues, rattling the accounting sector and causing concern among professional associations like CPA Australia.
Treasury unveiled its latest consultation on Wednesday, seeking stakeholder views on how to strengthen registration rules under the Tax Practitioners Board (TPB), the body that regulates Australian tax and BAS agents.
The consultation paper arrives after a review of the TPB, carried out in the wake of the PwC scandal.
It reflects the “importance of addressing gaps and strengthening the integrity of the tax system,” and proposes several ways to ensure tax practitioners operate legally and ethically.
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