This consultation paper relates to the priority area identified for action in the Australian government’s PwC response. The federal government is seeking stakeholder feedback on preliminary findings and proposals on tax regulator information-gathering powers.

This consultation paper examines:

• whether the Australian Taxation Office’s (ATO) information gathering powers remain fit for purpose and operate to allow the ATO to properly assist the Australian Federal Police to investigate serious criminal offences perpetrated against the tax and superannuation systems.
• the limitations on the Tax Practitioners Board (TPB) using formal information gathering powers prior to commencing a formal investigation.

Submissions close 31 May 2024.