Treasury Laws Amendment (Tax Accountability and Fairness) Act 2024 (37 of 2024)

Schedule 1   PwC response - Promoter penalty law reform

Taxation Administration Act 1953

23   Subsection 290-55(5) in Schedule 1

Omit all the words after "last engaged", substitute:

in conduct in relation to:

(a) if the scheme has been implemented - the implementation of the scheme; or

(b) if the scheme has not been implemented - the promotion of the scheme.