Connect the Dots

Organization

Tax Practitioners Board

Australian regulator of tax agents and tax practitioners.

2 links, 2 backed by primary records

Play the story Explore connections

Also known as
TPB
Wikidata
Q84801363

Connections 2

sanctioned

  • Peter-John Collins 23 Dec 2022 registration as a tax agent terminated; barred from applying for two years Primary record 1
  • PwC Australia 23 Dec 2022 found to have breached the code of conduct by lacking adequate arrangements to manage conflicts of interest; ordered to take remedial steps and report twice a year Primary record 1
Timeline 2 dates
  1. 23 Dec 2022 Peter-John Collins sanctioned by Tax Practitioners Board
  2. 23 Dec 2022 PwC Australia sanctioned by Tax Practitioners Board
Proof 1 source
  1. PwC: A calculated breach of trust (Senate Finance and Public Administration References Committee, June 2023), Australian Senate Finance and Public Administration References Committee, Jun 2023. Primary record Archived copy
    The TPB terminated Mr Collins' registration as a tax agent and prohibited him from applying for registration for a period of two years, until the end of 2024.
    some of the confidential information was disclosed by Mr Collins with other PwC personnel who, in turn, disclosed to clients or potential clients of PwC
    The TPB found that PwC had breached subsection 30-10(5) of the Code of Professional Conduct in that PwC had failed to have in place adequate arrangements to manage conflicts of interest that arose in relation to its activities as a registered tax agent.
    On 23 December 2022, the TPB updated its Public Register with its findings and sanctions in relation to Peter Collins and PwC.
    penned an open letter, in which she apologised on behalf of PwC Australia for 'sharing confidential government tax policy information and for betraying the trust placed in us'.
    Despite having signed multiple confidentiality agreements, Mr Collins intentionally shared this confidential information with PwC partners and others both in Australia and overseas.
Page history 1 change
  1. Add 55 stories, each checked against its sourcesAlibek96e92fe6

Something wrong or missing? Tell us, with a source, or edit this page.