Ethical Challenges from Uncertain Tax Positions

Find out how to best manage clients wanting to reduce their taxes by pressuring advisors to take uncertain tax positions that may expose those practitioners to both ethical challenges and professional regulatory risks

The session will look at:

• An overview of Ethical Obligations for tax agents and lawyers
• How best to recognise ethical challenges arising from uncertain tax positions
• How to use analytical frameworks to best articulate and manage uncertain tax positions:

• Transactional Uncertainty
• Characterisation Uncertainty
• Timing Uncertainty
• Quantification Uncertainty
• Evidentiary Uncertainty

• Exploring options for managing the resulting uncertainty for, and with, the client, where possible
• Identifying when it may be necessary to exit from a client engagement, and exploring options for doing so

Learning Outcomes:

Participants will gain an improved understanding of:

• recognise ethical challenges involving client’s uncertain tax positions
• help clients to identify and manage uncertain tax positions, where possible
• choose options to exit from client engagements where necessary

Suited to:

Accountants, tax practitioners, BAS agents, lawyers and other practitioners serving small businesses, private groups and wealthy individuals.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation