From au.andersen.com: Commissioner of Taxation v Bakarich (No 2) [2024] FCA 1448 is a landmark court decision in Australia that reinforces the Australian Tax Office’s promoter penalty regime, focusing on the prohibition of tax exploitation schemes.

The case underscores the strict enforcement of promoter penalty laws, highlighting the importance of integrity, compliance, and due diligence in tax advisory services, particularly in relation to R&D tax claims and compliance.