TPB invites comment on cloud computing information sheet
Chair of the Tax Practitioners Board (TPB), Mr Ian Taylor, has today invited stakeholders to comment on a draft information sheet about the use of cloud computing by registered tax agents and BAS agents.
‘Registered tax and BAS agents operating in a digital environment may choose to use software that is served from the ‘cloud’. If they are, they need to ensure they comply with the Code of Professional Conduct (Code) in using this software,’ Mr Taylor said.
Mr Taylor said the draft information sheet aims to assist tax and BAS agents to understand how to have appropriate cloud computing arrangements that comply with their obligations under the Code.
‘I encourage interested parties to take the opportunity to review the exposure draft and make comment. All submissions will be reviewed and considered before the final information sheet is published on the TPB website,’ Mr Taylor said.
Submissions on the exposure draft close on 19 February 2016. Comments can be sent to tpbsubmissions [at] tpb.gov.au
About the Tax Practitioners Board:
The Tax Practitioners Board regulates tax practitioners in order to protect consumers. The TPB aims to assure the community that tax practitioners meet appropriate standards of professional and ethical conduct.