Page 2 - Tax Avoidance Taskforce News Today

The ATO is concerned people looking to comply with the law will rely on AI tools that produce unreliable information.

The ATO welcomes arrangements with the company’s Singapore operations that stretch forward a decade. Ampol will pay $157 million to settle a tax dispute dating back almost a decade and has reached a

Federal officials are examining if there are other instances of consultants leaking confidential government information after certain PwC partners and staff were caught sharing secret policy information with clients while advising on measures to combat tax avoidance.

The midterm election results could spell gridlock on tax policy for the next two years, while the Dutch tax authorities are cooperating with Italy’s VAT investigation into Booking.com.

Just seven companies paid 40 per cent of the $69 billion income tax reaped from 2,500 large corporations.

Large corporates paid over $68 billion in income tax during the last financial year. The ATO’s latest corporate tax transparency report has revealed that the amount of income tax paid by large corp

A total of 32 per cent of Australian public companies paid no tax in 2020-21, according to Australian Taxation Office (ATO) data.

Tax cheats and tax avoiding multinationals will be in the crosshairs of extra Australian Tax Office staff which aim to reap a further $4.7billion in revenue in a major crackdown.

Outcome in the 10-year dispute is a win for the Task Avoidance Taskforce, office says.

Temporary measures are insufficient to tackle the ballooning debt book, says Scott Treatt.