Bloomberg Tax
May 26, 2023, 4:00 PM

Australia Replaces Tax Board Boss in Run-Up to Senate PwC Probe

Michael Kapoor
Michael Kapoor
Freelance Correspondent

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 ...

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