Chartered Tax Adviser (CTA)

Paving the path to a manager’s success – Ron Bao’s story

Written by: The Tax Institute

Published: 15 Jan 2025

   

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Paving the path to a manager’s success – Ron Bao’s story

 

The National Dux of ATL002 CommLaw1 SP2 2024 showcases how problem-solving and time management skills help accelerate your path to success.

Ron Bao

Manager – Wis Australia, Sydney

Excelling as a manager after only seven years in the tax industry is an impressive feat. What’s even more impressive is that Ron Bao maintained his performance as manager of a business and tax team while also achieving dux for ATL002 CommLaw1 last year.

Ron has a diverse set of skills up his sleeve, having worked in business services and advisory/transaction roles. He boasts an impressive resume with a clientele spanning across real estate, energy, automotive to e-commerce to name a few, and he holds a Chartered Tax Adviser designation, CAANZ membership and a Master of Professional Accounting. We had to find out more about how Ron balanced his busy work life with his studies.

Ron’s decision to work in tax

Ron’s decision to getting into the tax industry came about because of his analytical and problem-solving nature and his keen interest in business operations. “I relish the challenge of interpreting complex regulations and developing strategic solutions that deliver tangible value to clients,” Ron told us.

Ron is undoubtably passionate about his work in tax and we asked him what most he loved about what he does. “The most rewarding aspect is assisting clients in navigating complex tax challenges while ensuring full compliance,” he said.

The choice to study CommLaw

We are always interested to hear what our students have to say about our subjects. Ron said he knew it would deepen his expertise in tax and align with his career goals. He recognised the course as a valuable deep dive into the Australian legal environment and a key step to becoming a registered tax agent.

“The most interesting part was the practical application of theoretical tax principles in real-world scenarios. The course provided extensive exposure to the evolving Australian legal system, particularly in commercial contract law, through detailed case studies and engaging introductory webinars on key topics,” Ron said.

What specific skills or knowledge did you gain undertaking this subject?

“This subject has improved my problem-solving abilities and developed a robust understanding of current tax laws, including aspects of tort law, contractual remedies, and the Australian legal system and processes,” Ron said. “…the insights I gained from studying contracts in Australian commercial law have been instrumental in analysing and understanding key provisions within clients’ SPA agreements. This has enabled me to evaluate their overall positions from both tax and legal perspectives.” 

Ron’s advice to other tax professionals considering studying

It’s no secret that Ron has accomplished a lot in his seven years working in the tax industry. So, what’s his advice for other tax professionals considering further study? “I recommend embracing continuous learning and staying curious. Apply new knowledge directly to your work, remain open to innovative approaches (e.g. AI's power), and continuously seek professional growth in this ever-evolving field. The courses offered by The Tax Institute are an excellent choice.”

Ron himself will also be embracing industry seminars and workshops to stay up-to-date.

Want to take the next step in your career? Learn more here.

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