On 22 August 2019, the Law Institute of Victoria (LIV) also made submissions, to the Legal Services Council, opposing the ATO’s 25.6.19 proposal, to amend the Legal Services Uniform Law and General Rules so that they would endanger lawyers’ livelihood, if there were conduct which would, or might, offend the prohibitions in the so called ‘Promoter Penalty Provisions’, in Div 290 of the TAA53. The LIV opposed the ATO’s proposal, as it already had the sanctions, and powers, in these Penalty Provisions, and it did so, also for the other reasons set out in its submission.

See below for a summary of the submissions and for the submissions in full.

FJM 31.8.19

[Tax Month – August 2019]

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