Good afternoon, ladies and gentlemen, welcome to today's Westpac National Press Club address. Death and taxes are the two things that most of us can't avoid in life. Certainly, some Australians and multinational companies do go to extreme lengths, it seems, in paying tax at least.
When Chris Jordan became the Tax Commissioner four years ago, he made history becoming the first appointee from outside the Australian Tax Office to take the job and today, he is actually the first Tax Commissioner to address the National Press Club. He has bought a different perspective to the job and the Turnbull Government has liked it so much, they have recently extended Mr Jordan's tenure to 2024. You can follow today's conversation on Twitter. Tag your thoughts with hashtag NPC. I would like to acknowledge in the audience today the Treasury secretary John Fraser. Please welcome Chris Jordan to for the first address to the National Press Club by an Australian taxation Commissioner.(APPLAUSE)
"I do not want to compare the ATO’s performance with other tax authorities or government agencies. I want to compare the ATO with the best of any large organisation interacting with a large and diverse client base anywhere in the world; and for people to think that whilst they didn’t want to deal with us, their interactions were as good as they could ever expect."
Meet The “Queen Of The Dark” Who Was Told To Bleach Her Incredibly Dark Skin By Uber Driver Bored Panda
It was a great chance to set the record straight against claims in Murdoch press and Fairfax too that the credibility of michaelwest.com.au – and our coverage of multinational tax avoidance – has been compromised.
Insurance Is the Hot New Way to Avoid Taxes
Andean region: towards a new fiscal reform agenda for equality and rights Center for Economic and Social Rights (CESR)
See video here, and the report in Spanish here.
Brazil: President Temer Charged With Corruption OCCRP
Pakistan - PanamaLeaks: Joint Investigation Team reviews details of PM's bank accounts Geo News
Illicit Financial Flows hampering West Africa's attainment of SGG's Ghana News Agency
Wealth managers are the driving force behind global inequality, according to a sociologist of the ultra-rich Quartz
OECD Lists One Tax Haven, Tax Justice Network Says ‘Nonsense! Bloomberg BNA
See also: Trinidad & Tobago is world's last remaining tax haven, says OECD International Business Times, and our recent blog: Empty OECD ‘tax haven’ blacklist undermines progress
Lawmakers take first step to revealing anonymous companies in the U.S. Financial Transparency Coalition
See also: Bipartisan Bill Targets Criminal Money Laundering, Terror Financing FACT Coalition, and US lawmakers’ new tactic to finally crack down on secretive shell companies: link them to Russia Quartz
EU: Money laundering negotiations failed: Member States refuse to take consequences after Panama Papers Sven Giegold
In Search of Corporate Tax Incidence Social Science Research Network
Australia: Goldman Sachs & News Corp tax tricks as Canberra claims battle won Michael West
Ireland vulnerable due to over-reliance on low corporate tax regime The Irish Times
Madoff sons' estates settle with bankruptcy trustee STEP
'The settlement takes the amount recovered by Picard to over USD11.5 billion, much of it from banks and offshore "feeder funds" that subscribed heavily to Madoff's business, many of them in the Cayman Islands and British Virgin Islands.'
Inequality: how we got here, and what should be done Open Democracy