News & Info

The Australian National Audit Office (ANAO) is currently undertaking a performance audit into Project Wickenby - a multi-agency taskforce established in 2006 to bring to account those promoting and participating in the abusive use of certain tax secrecy havens. The audit will assess the effectiveness of Project Wickenby to detect, deter and deal with international tax fraud and evasion by Australian taxpayers.

Views Bills containing superannuation-related legislation that were before the Parliament at the close of parliamentary business on 21 April 2011.

View recent items from the Tax Office here.

View a summary of recently released and withdrawn Tax Rulings, Determinations and Interpretative Decisions.

The latest publication releases from the ATO.

The Commissioner of Taxation recently launched a new guide, Good Governance and Promoter Penalty Laws (the Guide), which provides information to help tax advisers to avoid contravening the Promoter Penalty Legislation and manage promoter penalty risks potentially affecting them and their clients.

The Assistant Treasurer, Bill Shorten, recently met with representatives from the financial planning, tax and accounting bodies, the Treasury, the Tax Practitioners Board (the Board) and the Australian Securities and Investments Commission (ASIC).

The government has recently released for public consultation exposure draft legislation that will increase certainty for the trustees and beneficiaries of approximately 660,000 trusts in Australia.

View recent items from the Tax Office here.

Views Bills containing superannuation-related legislation that were before the Parliament at the close of parliamentary business on 28 March 2011.