Wednesday, July 05, 2017

Chris Jordan First ATO Commissioner to Address National Press Club

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."    

Tax chief to address National Press Club

Chris Jordan AO - National Press Club of Australia

Q and A Galley Prrof Version Chris Jordan

Tax commissioner Chris Jordan says 'staggering' $165m Plutus scandal tarnished ATO reputation

ChrisJordan: bad press takes a long time to fade. No achievement is so impressive that it can't be overshadowed by a couple of negative stories, and improvements to tax administration don't generate much excitement at the best of times. The ATO boss spoke about getting on with the job amid the fallout from two recent fiascos

ATO launches investigation into tax time system failure

Meet The “Queen Of The Dark” Who Was Told To Bleach Her Incredibly Dark Skin By Uber Driver Bored Panda

On Conflicts, Certiorari and Marinello (7/1/17)

I posted a blog entry Tuesday on the Supreme Court’s grant of the petition for writ of certiorari in  United States v. Marinello, 839 F.3d 209, 218 (2d Cir. 2016).  See Supreme Court Grants Certiorari in Marinello Involving Whether § 7212(a)'s Omnibus Clause Requires Knowledge of Pending Investigation (6/27/17), keep on reading ... 

Turnbull's anniversary party crashed by Abbott firing up the base

Shorten: Labor will reverse penalty rate cuts and hike taxes for the rich

Bill Shorten moves onto election footing, prepares for the Turnbull ...

But Opposition Leader Bill Shorten hit back, describing the prime ... cut that somehow "the crumbs from the rich man's table" will help everyone 

Bill Shorten has promised to reverse cuts to penalty rates and raise taxes for the highest-paid Australians within 100 days of being elected.

It was a great chance to set the record straight against claims in Murdoch press and Fairfax too that the credibility of – and our coverage of multinational tax avoidance – has been compromised.
Michael West Ridiculous

Managers to the Super-Rich Undermine Society and What We Can Do About It

 HMRC to Ramp up Criminal Enforcement with Unexplained Wealth

Insurance Is the Hot New Way to Avoid Taxes

  • Letwin: 'Well-judged and careful tax increases'  
  • Man given fine and ten-year ban over charity tax avoidance scheme  
  • Dutch Probe Into Intellectual Property Tax Avoidance  
  • Worst fears realised? Jersey shares ‘old’ records of trusts and foundations  
  • What is the City of London’s Finance Curse?  
  • Empty OECD ‘tax haven’ blacklist undermines progress  
  • Apple pays just 1p in tax for every £1 earned in Britain  
  • Republicans consider dropping healthcare bill's tax cut for rich in order to pass senate hurdle  
  • SEC Files Fraud Charges in Bitcoin and Office Space Investment  Schemes  
  • Grenfell cladding bosses 'put £2.5m into tax avoidance'  
  • European Commission rules Poland retail tax unfair  
  • Moscovici: CCCTB Is A Tool Against Tax Avoidance  N
  • Tax relief claimed by charities falls by £50m, says HMRC   
  • Foreign money laundering inquiries to UK leap 12%   
  • Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force  
  • How the businesses of Brexit campaigner 'King' Arron Banks overlap  
  • Accountants face fines for aggressive corporate tax planning under EU proposals 
  • Record numbers of taxpayers take HMRC to judicial reviews 
  • ACCA estimates shadow economy value at £223bn
  • Ireland Court throws out bankers' appeal against fraud convictions in Anglo scam
  • HMRC clamps down on 'supply splitting' to avoid VAT  
  • Complex cases push down HMRC's tax investigation yield  
  • Yield from HMRC tax investigations falls as 'easy to win' cases dry up  
  • European commission to crack down on offshore tax avoidance  
  • UK Treasury confident that new money laundering rules will scupper terrorist financing  
  • Revolving doors: Former Barclays anti-money laundering director named City minister  
  • New UK Laws Combat Money Laundering Through Scottish Limited Partnerships  
  • Corporations secretly lobbying UN to allow tax avoidance in its anti-poverty agenda  
  • US senators renew effort to outlaw shell companies  


    Tax competition and corporate tax avoidance 'inconsistent with human rights - UN treaty body Center for Economic and Social Rights (CESR)

    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

    ATO signals tax windfall for wealthy