The registration of tax agents and BAS agents is governed by the provisions of the Tax Agents Services Act 2009 (TASA) which is administered by the A. Tax Practitioners Board 3. Australian Taxation Office C. Australian Securities and Investment Commission (ASIC) To be registered as a tax agent you need to meet the fit and proper person test. True or False? To successfully sue for damages, a taxpayer must prove that the agent's negligence caused it loss. True or False?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The registration of tax agents and BAS agents
is governed by the provisions of the Tax
Agents Services Act 2009 (TASA) which is
administered by the
A. Tax Practitioners Board
B. Australian Taxation Office
C. Australian Securities and Investment
Commission (ASIC)
To be registered as a tax agent you need to
meet the fit and proper person test.
True or False?
To successfully sue for damages, a taxpayer
must prove that the agent's negligence
caused it loss.
True or False?
Transcribed Image Text:The registration of tax agents and BAS agents is governed by the provisions of the Tax Agents Services Act 2009 (TASA) which is administered by the A. Tax Practitioners Board B. Australian Taxation Office C. Australian Securities and Investment Commission (ASIC) To be registered as a tax agent you need to meet the fit and proper person test. True or False? To successfully sue for damages, a taxpayer must prove that the agent's negligence caused it loss. True or False?
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