An audit of the Australian Taxation Office’s (ATO) implementation of recommendations made in past audits by the Australian National Audit Office (ANAO) and inquiries by Parliamentary Committees has found the Office to have done so adequately, if somewhat tardily.
Tax
Office survives audit of audit calls
Sheahan Lock: funded insolvency chase could net billions for ATO
The Australian Government significantly expands ATO powers to fight multinational tax avoidance: Legislation introduced for 40 per cent Diverted Profits Tax (DPT)
The best way to pay company directors
Some Lessons from the Big Data from Panama Papers and Tax Haven Secrecy
Readers of this blog interested in offshore tax havens may want to read this law review article: Arthur J. Cockfield, Big Data and Tax Haven Secrecy, 18 Fla. Tax Rev. 483 (2016), Big Data.
The author, a professor of law at Queens University (Canada), dives
into a subset of the Panama Papers data and draws some conclusion as to
the offshore account secrecy offered by so-called tax havens, both for
persons avoiding taxes but also for persons avoiding scrutiny of large
sums of illegal cash and assets.
Joshua Franklin, Famed tax haven Switzerland chases hidden cash
Marjorie Kornhasuer (Tulane), TaxJazz: The Tax Literacy Project:
Following up on my previous post, University Of Rochester B-School Professor Pays $100 Million FBAR Penalty Over Swiss Accounts: U.S. Department of Justice Press Release,Former University Business Professor Sentenced to Prison for Hiding Over $220 Million in Offshore Banks; Evaded More Than $18 Million in Federal and State Taxes Over 15 Years
DOJ Tax announced here the sentence for Dan Horsky. I previously blogged about him here: Former Business Professor Pleads Guilty to Tax Related Crimes; In Addition, Will Pay $100 Million FBAR Penalty (Federal Tax Crimes Blog 11/4/16; 11/9/16), here; see also Credit Suisse Being Investigated for Omitting at Least One Large Account (Federal Tax Crimes Blog 11/22/16), here.
No place like home: America’s eviction epidemic Guardian
How observation can turn into an
investigative story
Government advisers accused of ‘full-frontal attack’ on whistleblowers Guardian
Joshua Franklin, Famed tax haven Switzerland chases hidden cash
TaxJazz provides individuals with non-partisan, non-technical, accessible tax information to help people participate in discussions about tax policy and problems facing the nation. TaxJazz already addresses basic tax questions, such as: Why do we have taxes? Are there any legal constraints on taxation? What can be taxed? How do we decide what is a fair tax? It plans to add material on particular tax issues and provisions.
Following up on my previous post, University Of Rochester B-School Professor Pays $100 Million FBAR Penalty Over Swiss Accounts: U.S. Department of Justice Press Release,Former University Business Professor Sentenced to Prison for Hiding Over $220 Million in Offshore Banks; Evaded More Than $18 Million in Federal and State Taxes Over 15 Years
Horsky is Sentenced for Major Offshore Accounts
No place like home: America’s eviction epidemic Guardian
War of words erupts on Twitter as crossbench rejects welfare reforms, saying the cuts are “too deep”
Treasury picks its new CIO
Government advisers accused of ‘full-frontal attack’ on whistleblowers Guardian