<h1>ATO Urges Tax Pros to Reject and Report Avoidance Schemes to Mitigate Promoter Penalty Risks; Offers Voluntary Disclosure Assistance.</h1> The Australian Taxation Office (ATO) advises tax professionals to recognize, reject, and report tax avoidance schemes to manage promoter penalty risks. Tax agents should ensure their advice is balanced and independent, avoiding facilitation of tax avoidance schemes. Staff behavior and client relationships can increase exposure to risks, requiring careful evaluation. The ATO outlines indicators of tax schemes, such as complex transactions and artificial structures. Professionals are encouraged to report schemes and promoters to maintain system integrity. The ATO offers assistance for voluntary disclosures, allowing self-correction without penalties in many cases, emphasizing good governance and compliance.