Wednesday, November 29, 2017

Chris Jordan on why the ATO is ‘designing for the majority’.


If my memory serves me well  back in the 1990s Nick named the NSW LA newsletter "Assembly Lines"


Exclusive with Nick Tabakoff (Tabak means Tobacco) in Slavic Language) : ATO's Chris Jordan: tough cop on the tax beat

$5bn tax crackdown targets multinational technology giants 


ATO to wage war on bikies



ATO

Tax commissioner Chris Jordan has unveiled a plan to give motorcycle gangs the “Al Capone treatment”.



Chris Jordan on why the ATO is ‘designing for the majority’.
"In Australia, there are many regulators (including the ATO historically), and government agencies that focus more on the people who do the wrong thing. They administer systems for the very last worst person – which imposes unnecessary burdens on those who want to do the right thing."





ATO flags crackdown on small business tax gaps


The area-by-area blitz — which includes Sydney's Cabramatta and Chinatown, Melbourne's Glen Waverley, Brisbane's Sunnybank, Adelaide's Glenelg and Perth's CBD — was initiated at the behest of Tax Commissioner Chris Jordan. During his interview series with The Australian, Mr Jordan has revealed ... Taxman targets specific suburbs in cash-only business blitz






Tax Commissioner Chris Jordan is spearheading an international probe into last month’s 13.5-million-document Paradise Papers data leak, as he also revealed a $50 million windfall from the earlier Panama Papers.

In his first interview on the Australian Taxation Office’s ­response to the Paradise Papers, Mr Jordan said he would focus on professional services firms — including accountants, lawyers and tax specialists — as the initial targets of his investigations, for potential breaches they committed on behalf of high-flying clients. Tax chief Chris Jordan leads global response to Paradise Papers leak



'Be unreasonable': making change happen in a bureaucracy.
Get your Machiavelli on with tips and tricks for demonstrating results from a city reform strategist: "If people aren’t complaining, they’re not changing."



This week, the 78-year-old Koskinen began his third retirement. And he says the IRS is still a distressed organization. “When Eisenhower left office, his message was: Beware the military-industrial complex,” Koskinen said. “My message is: Beware the collapse of the IRS.”


(Saint Mikulas aka Nicholas Day - My Czech Republic)



Attracting and retaining the right talent
McKinsey, November 2017. The best workers do the best and the most work. But many companies do an awful job of finding and keeping them.












  • UK Care homes forced to declare links to offshore tax havens
      (27 Nov 2017)


  • Frederik Obermaier: “I think one outcome of leaks like the Panama Papers or the Paradise Papers is that nobody can feel safe anymore in tax havens” (27 Nov 2017)


  • Google Tax: The Tories have been accused of "sneaking out" a massive cut to what their own prized big business tax will rake in  (27 Nov 2017)


  • Google Tax: Labour accuses Chancellor of failing to 'get a grip' on tax avoidance by letting major firms keep £700m
      (27 Nov 2017)


  • Money Laundering: Number of UK young people acting as 'money mules' doubles  (27 Nov 2017)


  • Airbnb is reportedly being used to launder money  (27 Nov 2017)


  • Tax avoidance by big firms is morally wrong, say nine out of 10 in UK  (27 Nov 2017)


  • Blow to tobacco control treaty as industry wins tax fight in south-east Asia
      (27 Nov 2017)


  • Guernsey finance chief claims release of Paradise Papers was ploy to influence first ever tax haven blacklist
      (27 Nov 2017)


  • The Paradise Papers Show There's All Kinds of People Who Have Their Snouts in the Trough  (27 Nov 2017)


  • Turkey Is Said to Be Removed From Draft EU Tax Havens Blacklist  (27 Nov 2017)


  • Italy prepares to introduce 'web tax' worth €114 million a year  (27 Nov 2017)


  • How Can Governments of Low-Income Countries Collect More Tax Revenue? (27 Nov 2017)


  • A New BOSS in Town: Changes to BVI Beneficial Owner Information Regime  (27 Nov 2017)


  • A Useless piece of legislation: BRITISH VIRGIN ISLANDS (BVI) BENEFICIAL OWNERSHIP SECURE SEARCH SYSTEM ACT 2017 (27 Nov 2017)


  • Captive Insurance companies are a huge tax avoidance scam. the UK government has no data, statistics or information about the cost (27 Nov 2017)


  • PricewaterhouseCoopers (PwC) central to LuxLeaks, Paradise papers and money other tax avoidance schemes, but the UK govt refuses to investigate the firm (27 Nov 2017)


  • UK government will not ban accountancy and law firms engaged in tax avoidance from preparing the skilled persons report under section 166 of the Financial Services and Markets Authority Act (27 Nov 2017)


  • UK government refuses to publish its correspondence with Bermuda relating to policy on beneficial ownership of companies. But confirms that any info held won't be publicly available (27 Nov 2017)


  • Transfer Pricing: UK implications the judgment in the case of Chevron Australia Holdings Pty Ltd v Commissioner of Taxation in Australia (27 Nov 2017)


  • Land value tax ought to please (nearly) everyone  (27 Nov 2017)


  • UK Budget changes for property owners  (27 Nov 2017)


  • Budget 2017: New UK taxes on offshore IP structures - The impact on traditional and digital businesses  (27 Nov 2017)


  • Saudi elite start handing over funds in corruption crackdown  (27 Nov 2017)


  • The limits of bribery as illustrated by Zimbabwe  (27 Nov 2017)


  • Edinburgh and London in talks over tourist tax  (27 Nov 2017)



  • Melbourne courier businesses fined $72,000 for sham contracting: Airtasker’s Tim Fung says more scrutiny coming on gig economy workers
    A recent court action brought by the Fair Work Ombudsman against a courier business has prompted warnings from both start-up founders and legal experts that further crackdowns could be incoming for companies in the “gig economy”.
    “It seems some confusion also flowed from the use of an internet tool on the Australian Taxation Office website which appears to have been an automated tool that produced an assessment that [the worker] was a contractor rather than an employee,” Judge Riethmuller said.
    See:
    Fair Work Ombudsman v Z Transport Group Pty Ltd & Ors [2017] FCCA 2660 (31 October 2017)