GST Point-in-Time Service Updates

The GST Service has been updated to include the Taxation Administration Amendment (Extending Tax Whistleblower Protections) Regulations 2024 (Cth).

Taxation Administration Amendment (Extending Tax Whistleblower Protections) Regulations 2024

The purpose of the Regulations is to allow the regulators of the tax system, including the Commissioner of Taxation, Tax Practitioners Board (TPB), the Commissioner of the Australian Charities and Not for profits Commission (ACNC) and Inspector-General of Taxation (IGT) to share whistleblower information for more effective regulatory responses to suspected breaches of the law.

The Regulations support changes made by the Treasury Laws Amendment (Tax Accountability and Fairness) Act 2024 (Cth) to improve the manners in which the TPB can receive disclosures under the Taxation Administration Act 1953 (Cth).

These amendments have been updated in the Point-in-Time GST Service current to 21 October 2024 (NB: subscription required).

If you are not already a subscriber to this or other Point-in-Time Services then please contact us to find out more or to take a free trial.