Shared by Australian Financial Review - publicaccountant.com.au

Tax Office hits seven multinationals with $2 billion tax bill

by Shared by Australian Financial Review | Mar 3, 2017 | News

Seven multinationals will soon be hit with a combined outstanding tax bill of $2 billion, as a key plank of the Turnbull government’s budget repair plan edges closer to fruition.Tax Commissioner Chris Jordan said audits of seven global technology, energy and...

Companies must now earn the ATO’s trust

by Shared by Australian Financial Review | Feb 27, 2017 | News

The move will change how the ATO approaches its tax review obligations with the level of enforcement determined by where a company sits in terms of its tax and risk control systems. Read the full story at the Australian Financial Review.