New ethical guidelines for tax professionals announced following global scandals

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New ethical guidelines for tax professionals announced following global scandals

Following years of global tax scandals, including ICIJ’s Paradise Papers and Pandora Papers investigations, a global accountants’ ethics board has released a new set of standards for tax professionals, aimed at rebuilding public and institutional trust in the tax planning industry. The International Ethics Standards Board for Accountants, or IESBA, published an update to its ethics guidelines last week, incorporating for the first time advice th…