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ASIC chair James Shipton steps aside pending outcome of investigation into $118,000 tax advice bill – ABC News

The chair of Australia’s corporate watchdog ASIC will step aside after it was revealed the organisation paid more than $118,000 for him to receive personal tax…

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The chair of Australia’s corporate watchdog ASIC will step aside after it was revealed the organisation paid more than $118,000 for him to receive personal tax advice.
James Shipton has agreed to repay the money for the advice, which he received after he relocated to Australia from the United States to head up ASIC in 2018.
In a statement, Mr Shipton said he had told Treasurer Josh Frydenberg he would stand aside pending the outcome of an independent investigation into the matter, commissioned by…

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