Ethical Issues with Post 30 June Documentation
Overview
Learn how to recognize and manage the risks effectively of preparing documentation for past transactions to avoid unforeseen consequences and ethical challenges
This session will consider the more frequently encountered examples from tax practice where documentation may be requested by clients for previously implemented transactions, including:
- Trust distributions and income/capital calculations
- Company transactions and financial statements
- Employment tax documentation – for PAYGw, SGC and FBT
- CGT Event documentation
- Contractual agreements between related parties
The session will provide a series of linked case studies to illustrate these issues in practice and how they may play out in future compliance work and interactions with regulators, including the ATO and even the TPB.
Learning Outcomes:
Attendees can expect to better understand:
- The types of ethical issues that may arise when being asked to prepare documentation for transactions that have already occurred
- The risks for practitioners where these ethical challenges are not properly managed
- Navigating the boundaries of what is permissible versus what is not
- Possible approaches for dealing with clients in such situations
Suited to:
Tax Agents, BAS Agents, R&D Advisers, lawyers, accountants, financial planners and other tax-related professionals
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
Course syllabus
3 lessons
- Video – Ethical Issues with Post 30 June DocumentationVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Bruce CollinsTax Controversy Partners
is the founder and principal solicitor at Tax Controversy Partners Pty Limited, currently helping clients to resolve all types of tax issues with the ATO and SROs, as well as dealing with corporate regulatory and insolvency issues for clients. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Client Engagement Group, covering most ATO functions. Bruce was the leader of the Technical & Case Leadership area in Aggressive Tax Planning and then Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic and technical leader for many of the ATO’s compliance programs.
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW, a member of the AICD and is both a member of the Law Council of Australia and current Chair of their SME Business Law Committee.