Consistent with the SWP strategic theme “Elevating Ethics in a Dynamic and Uncertain World,” the objectives of the Working Group (WG) are to:
(a) Gather an understanding of regulatory, practice and other developments in corporate and individual tax planning by PAIBs and PAPPs.
(b) Identify and analyze the ethical implications of those developments and determine whether there is a need for enhancements to the Code or further actions.
(c) Develop a report and recommendations to the IESBA.
- Jens Poll, IESBA Member and Chair of Working Group
- Sanjiv Chaudhary, IESBA Member
- Laurie Endsley, Vice Chair
- Andrew Mintzer, IESBA Member
- Channa Wijesinghe, IESBA Member
IESBA December 2023 Meeting Highlights
The IESBA unanimously approved the revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) relating to the provision of tax planning and related services by professional accountants in business (PAIBs) and professional accountants in public practice (PAPPs). Subject to certification by the Public Interest Oversight Board (PIOB), the final pronouncement is expected to be issued by mid-April 2024. The pronouncement will be effective for tax planning activities or services beginning after June 30, 2025, with early adoption permitted.