Assistant Treasurer Stephen Jones said the government may rethink its approach to consulting tax professionals after PwC and its former head of international tax were sanctioned for breaching confidentiality rules.
Clients and other staff were given confidential information about impending changes to multinational tax rules. A former partner at PwC, Peter-John Collins, has been deregistered as a tax agent and
The Tax Practitioners Board (TPB) terminated the registration of two tax agents after finding they prepared and lodged self-managed superannuation fund (SMSF) annual returns with incorrect details.