Gao v Tax Practitioners Board – No stay of tax agent registration terminations (535 over claimed deductions, over claimed interest, under declared GST and consistently late self-returns)

Australia Fortune Financial Group Pty Ltd (“AFFG”) and Mr Feng Gao (collectively “the Applicants”) had their registration as tax agents cancelled, on 27 August 2019, as a result of the problems mentioned. They applied for a stay of that decision, but failed – based on their prospects of success and the public interest.

See below for a summary of the case.

FJM 6.11.19

[Tax Month – September 2019]