TPB - Governance and conflict of interest arrangements

Question

According to reporting in the Australian Financial Review, ''the Tax Office considers that the Tax Practitioners' Board should be restricted to regulating individual accountants and small firms, leaving the major firms to the larger agency.'' 1. Does the TPB agree with this statement? a. If yes, how does this sit with statutory jurisdiction of the TPB over registered tax agents generally and the independence of the TPB? 2. Have any instructions been given to TPB staff by the Chair or by anyone to give effect to such a view? 3. How does the TPB manage actual or apparent conflicts of interest? 4. How long was Mr de Cure a tax partner at KPMG, when did he leave and does he have any continuing connections with that firm, including but not limited to, in respect of superannuation arrangements?

Answer

See attached response.

Documents

• Question with answer (PDF) (opens in a new tab)
• SQ26-000291 TPB - Governance and conflict of interest arrangements.pdf (opens in a new tab)