Working with the Tax Profession

Abstract

Australia is fortunate to have a tax compliance culture where the majority of taxpayers, many supported by tax professionals, voluntarily comply with their tax obligations. Given the vital role played by the tax profession in influencing levels of voluntary compliance and in facilitating efficient transactions with the Tax Office, it is essential that the tax profession is capable and well regulated. This can best be achieved through an effective commitment between the Tax Office, tax professionals and the Tax Agents' Boards. I see it as a true tripartite arrangement, where each party complements the others.