There are several types of professional groups that provide tax advice in Australia: lawyers, accountants, and financial advisors, many of whom are registered tax agents. In many cases, the type of advice provided is the same; however, currently whilst lawyers can extend to their clients a blanket legal professional privilege ( LPP ) over confidential tax advice, clients of non-lawyer tax advisors ( NLTAs ) are presently only granted an administrative concession by the Australian Taxation Office ( ATO ) and then only over a limited range of documents. This article argues in favour of the enactment of a separate statutory tax advice privilege in Australia for accredited NLTAs and suggests a framework for determining which taxation professionals should be able to offer a tax advice privilege to their clients.
|Pages (from-to)||517 - 550|
|Number of pages||34|
|Journal||Australian Tax Forum|
|Publication status||Published - 2014|