The Inspector General of Taxation (IGT) announced a review to examine the future of the tax profession in Australia. "The review is
deliberately forward-looking and seeks to raise awareness about the risks challenges and opportunities presented by technological, social,
policy and regulatory changes."
As a part of the review process, the IGT called for Submission from interested parties to help it and the Tax Practitioners Board (TPB)
- The significant changes ahead;
- Aspects of the current system that should be retained or augmented;
- Aspects of the current system that need to be discarded, and;
- The new strategies required to meet future challenges and realise the potential benefits.
ABSIA prepared a submission on behalf of its members, sponsored by some key ABSIA Members.
After receiving ABSIA's Submission, the Office of the IGT expressed appreciation for the opportunity to interview ABSIA directly.