The principles and matters outlined in this TPB(EP) indicate the range of considerations that need to be balanced by the TPB in making an ultimate determination on fitness and propriety. Tax practitioners may also refer to this TPB(EP) when applying for registration or when considering whether they continue to meet the ’fit and proper’ registration requirement. Rather, this TPB(EP) provides a decision making tool that the TPB may refer to when evaluating the ‘fit and proper’ requirement under the TASA. Therefore, it is not intended to determine or exhaust the positions or actions which may be taken by the TPB in particular cases. This TPB(EP) does not have the force of law and provides information and general guidance only. This is because the TASA regime is designed to ensure that only persons who are ‘fit and proper’ and meet additional requirements can be registered, and remain registered, as tax practitioners under the TASA. Therefore, these principles are likely to impact on all decisions that involve fitness and propriety under the TASA. Following from this, all general references in this TPB(EP) to registration of tax practitioners, except where otherwise provided, are intended to encompass both original and continued registration. In this regard, the principles discussed in this paper are relevant to both an individual’s fitness and propriety when applying for registration and to a decision by the TPB to terminate a tax practitioner's registration under the TASA. For a company or partnership practitioner, the ‘fit and proper person’ requirement applies to each individual director (in the case of a company) or each individual partner and director of any company partner (in the case of a partnership), regardless of whether those individuals are registered with the TPB. Unless an individual is a fit and proper person, they cannot be registered as a tax practitioner.Īn individual must be fit and proper in order to obtain original registration as a tax practitioner and for the purposes of renewing registration or maintaining continued registration under the TASA. These may be relevant to the TPB’s determination of an application for registration or renewal of registration, or to decisions to take certain actions under the Tax Agent Services Act 2009 (TASA). This TPB(EP) is designed to provide explanation of the general principles and matters that relate to the concept of fitness and propriety to be a registered tax agent, or BAS agent or tax (financial) adviser (collectively referred to as 'tax practitioners'). Last updated: 26 June 2017 Purpose of explanatory paper On 9 March 2017 the TPB updated this TPB(EP) to incorporate a reference to tax (financial) advisers, and to update the currency and accuracy of the TPB(EP). The TPB considered the submissions made and published the TPB(EP). The closing date for submissions was 6 June 2010. The TPB invited comments and submissions in relation to the information contained in it. The TPB released this TPB(EP) in the form of an exposure draft on 7 April 2010. The principles, explanations and examples in this paper do not constitute legal advice and do not create additional legal obligations beyond those that are contained in the TASA. This TPB(EP) is designed to assist tax practitioners, the 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 application of the TASA. It provides a detailed explanation of the TPB’s interpretation of the fitness and propriety requirements in the Tax Agent Services Act 2009 (TASA), translating these provisions into practical principles that can be applied by the profession. Head on to its beginner-friendly dashboard and brand or rebrand your business.This is a Tax Practitioners Board (TPB) Explanatory Paper (TPB(EP)).This TPB(EP) is intended as information only. For a very minimal price, BrandCrowd is your go-to platform for any type of DIY design services. Plus, customize your very own business card right on the platform. There’s templates for flyers, email newsletters, social media posts and banners. Should you want some marketing templates for your business brand, get inspired from the inexhaustible designs from BrandCrowd’s database. Modify the details and make the templates different from your competitors. Use the search bar, fill in the keywords, and let the free logo maker do its thing - it will generate hundreds to thousands of logos for any kinds of brands.Ĭustomize your chosen logo design. The logos are suitable for any types of businesses - no matter the size, the budget, and the industry. If you want a corporate and professional-friendly wordmark and logo mark then head onto BrandCrowd’s Business Logo Maker. Hype up your business with some professionally designed Business logos.
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