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

Schedule 1   PwC response - Promoter penalty law reform

Taxation Administration Act 1953

30   Paragraph 290-60(1)(a) in Schedule 1

Repeal the paragraph, substitute:

(a) the entity:

(i) markets the scheme; or

(ii) otherwise encourages the growth of the scheme or interest in it; and