<strong>Period of Effect:</strong> 22/06/2023 to 22/06/2028<br/><strong>Reason:</strong> 40-25 Period during which you may not apply for registration
Suspension
None on record
Termination
<strong>Date of Effect:</strong> 22/06/2023<br/><strong>Reason:</strong> 40-5(1)(b) individual no longer meets registration requirements[POPUP_FOR_DETAILS]<br/><strong>Code breach(es):</strong> <ul><li>30-10(1) - You must act honestly and with integrity</li><li>30-10(2) - You must comply with the taxation laws in the conduct of your personal affairs</li><li>30-10(11) - You must not knowingly obstruct the proper administration of the taxation laws</li></ul><br/><strong>Registration requirement not met:</strong> <ul><li>20-5(1)(a) Individual has ceased to meet registration requirement that they are a fit and proper person</li></ul><br/><strong>Explanation:</strong> On 11 May 2023, after completing an investigation, the Tax Practitioners Board (TPB) decided to terminate the tax agent registration of Ahmed Kalled (Mr Kalled). The TPB found that Mr Kalled had engaged in conduct which breached subsections 30-10(1), 30-10(2), and 30-10(11) of the Code of Professional Conduct (Code) in the Tax Agent Services Act 2009 (TASA). The TPB also determined Mr Kalled had ceased to meet the tax practitioner registration requirement as he no longer satisfied the TPB that he is a fit and proper person. In addition, the TPB determined Mr Kalled would be prohibited from applying for registration under the TASA for a period of five (5) years. <br><br>The TPB found that Mr Kalled breached subsection 30-10(1) of the Code, in that he failed to act honestly and with integrity, by failing to declare all reportable and assessable income as required in his personal Income Tax Returns (ITR) lodged, or that ought to have been lodged, with the Commissioner for the income years ending 30 June 2015 to 30 June 2021, resulting in Australian Taxation Office (ATO) audit assessments of a total tax shortfall amount of more than $4 million and total shortfall penalties for intentional disregard of taxation laws of more than $4 million.<br><br>The TPB found that Mr Kalled breached subsection 30-10(2) of the Code, in that he failed to comply with the taxation laws in the conduct of his personal affairs, by: <br>1. Failing to declare all reportable and assessable income as described above in the breach of subsection 30-10(1).<br>2. Failing to pay or otherwise enter into an arrangement with the ATO and comply with that arrangement to pay, outstanding taxation debts of more than $9 million.<br>3. Failing to lodge his Business Activity Statements (BAS) (8 in total) by their respective due dates.<br><br>The TPB found that Mr Kalled breached subsection 30-10(11) of the Code, in that he knowingly obstructed the proper administration of the taxation laws by providing false or misleading information to the Commissioner, by failing to declare significant amounts of reportable or assessable income as described above in the breach of subsection 30-10(1).<br><br>In addition to these Code breaches, the TPB determined that Mr Kalled ceased to meet the tax practitioner registration requirement that he is a fit and proper person, on the basis that he:<br>1. had engaged in conduct which breached subsections 30-10(1), 30-10(2), and 30-10(11) of the Code as above.<br>2. had engaged in a pattern of behaviour that is dishonest and lacking in integrity across several years by providing false or misleading information to the Commissioner, through his deliberate understating of income, by a significant amount.<br>3. had engaged in conduct that is wholly inconsistent with the role of providing tax agent services competently and with integrity, and that undermines the integrity of the taxation system.<br>4. is not a person whom the Commissioner, clients and the public could have confidence that he would perform the functions of a registered tax practitioner company competently and with integrity.