The Tax Institute and broader accounting sector has welcomed the High Court’s Decision with respect to the Commissioner of Taxation v Bendal.
Major accounting group, CPA Australia, has warned the Govt against seeking to resurrect its 2019 tax on minimum trust distributions.
The major accounting and advice groups have warned that proposals to increase the powers of the TPB risk a denial of natural justice.
Amid questions about the role of auditors with respect to Shield and First Guardian, ASIC has undertaken to involve the accounting bodies.



