Government grants AML exemption for tax transfers
CAANZ launched legal action after first request for exemption was declined.
CAANZ said treatment of tax transfers could cost tax agents millions of dollars.
The government has conceded to a tax transfer exemption request by Chartered Accountants Australia after it launched legal action late last year.
In October 2021, CA ANZ, the accounting professional body, filed a statement of claim in the High Court in opposition to the Department of Internal
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