Promoter Penalties legislation was introduced just over a year ago. The potential exposure of practitioners to severe civil penalties for breach of these provisions means that it is vital for practitioners to know about the legislation and the circumstances in which it may apply in order to safeguard themselves and their employees against unwitting breach.
The much awaited draft practice statements on how the Tax Office proposes to administer the legislation have now been published.
This seminar will give an overview of the promoter penalty measures and how the ATO proposes to administer them, and cover practical ways in which to reduce exposure.
Materials from Elizabeth Goli are coming soon.