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108115
Individual Podcasts

The Expanding Obligations of Being a Tax Agent

The legislators have been busy recently adding to the obligations that registered tax agents need to comply with when performing their duties. This session reviews the recent changes and how they may apply in practice, including: The breach reporting obligations: when do y

Date/Time

About the Podcast

The legislators have been busy recently adding to the obligations that registered tax agents need to comply with when performing their duties. This session reviews the recent changes and how they may apply in practice, including:

  • The breach reporting obligations:
    • when do you have to self-report?
    • when do you have to report another tax practitioner?
    • how to report
    • penalties for failure to comply
    • addressing confidentiality issues
  • Will ATO's views on sec. 109RB applications for discretion for failure to comply with Division 7A be impacted by breach reporting obligations?
  • A review of the eight additional obligations that supplement the existing obligations under the Code
  • What do tax agents need to include in their quality management systems?
  • What are the “relevant matters” you need to inform all your current and prospective clients about yourself?
  • Practical examples that reflect common grey area situations in practice

Presented By

Arthur Athanasiou
Partner, Thomson Geer Lawyers Melbourne, Vic

Arthur is a Partner with Thomson Geer Lawyers, and is an Accredited Tax Law Specialist and a widely published writer on taxation issues having written many articles and books on taxation.  He regularly appears in the mainstream media, and presents at tax seminars and discussion groups. Arthur qualified as a Chartered Accountant in 1987, and has held senior taxation and management positions in the transport and motor vehicle industries.

He has extensive experience in all areas of direct and indirect taxation and main area of practice is dispute resolution, particularly in the SME sector, with both the ATO and the SRO.

Arthur has many years of experience in complex tax litigation and tax audit negotiations and settlements, as well as broad experience in the taxation of entities, with an emphasis on Division 7A.

Arthur is a former President and Life Member of the Tax Institute, chair of the Tax Law Specialist Accreditation Board and was appointed as Adjunct Professor La Trobe University Law School in January 2019. He has been recognised as a Leading Tax Lawyer in Victoria by Doyles (2017 – 2024) and also in Trusts and Estates by Best Lawyers (2022-24).

CPD Information

40 minutes 

0.7 CPD hours/units/points

WA Lawyers – TEN is unable to verify that you have earned CPD for this product as we cannot verify that you have listened to the podcast which is a requirement of the LPBWA.  TEN is an accredited provider.

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