The SMSF Association welcomes the opportunity to make a submission on The Tax Practitioners Board’s (TPB) draft Information Sheet (TPB(I) D39/2017) Corporate governance related requirements for recognition under the Tax Agent Services Regulations 2009.
We have reviewed the draft information sheet and support the corporate governance criteria that the TPB has set for professional associations to satisfy in order to be a recognised professional association under the Tax Agent Services Regulations 2009. We are also pleased that the TPB has made it clear in the draft information sheet that it will take a pragmatic approach in assessing an association’s ongoing compliance with the corporate governance requirements in the Tax Agent Services Regulations 2009.
At the time of publishing, the contents of this resource were accurate and correct.
Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association