The Tax Practitioners Board (TPB) has released the following proposed guidelines:
- Proposed Guideline TPB(PG) 04/2014 Course in Australian taxation law that is approved by the Board for tax (financial) advisers; and
- Proposed Guideline TPB(PG) 05/2014 Course in commercial law that is approved by the Board for tax (financial) advisers.
The purpose of the information is to assist relevant institutions, professional associations, potential registrants and the wider community to understand the factors that provide the basis for the TPB’s approach to the educational eligibility requirements for registration as a tax (financial) adviser. The proposed guidelines were issued as exposure drafts in August 2014. The closing date for submissions was 19 September 2014. The TPB considered those submissions and on 8 December 2014 published the above proposed guidelines. Note the TPB intends to follow these proposed guidelines until such time a guideline is formally made.
[LTN 241, 12/12/14]