The Australian government said Friday that it had replaced the head of the body that regulates tax practitioners, just days before the opening of a parliamentary probe into the government’s use of outside consultants.
Stephen Jones, minister for financial services, said Ian Klug was stepping down from the post of Australian Tax Practitioners Board chairman, a post he had held since 2019. Klug is being succeeded by Peter de Cure, chairman of Accord Property Holdings and a former KPMG partner.
“These changes will increase the TPB’s independence and strengthen its ability to respond to misconduct in the tax profession,” Jones ...