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Senate inquiry hears concerns around tax debt disclosure proposal

Senate inquiry hears concerns around tax debt disclosure proposal

The government’s plan to introduce new laws to allow the disclosure of business tax debts has hit a hurdle, with key industry voices raising concerns over the lack of sufficient safeguards.

by Shared by Accountants Daily | Aug 25, 2019

Government committee hands down franking credit report

The Economics Legislation Committee is currently mulling over submissions made in respect to the Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019, which contains a measure seeking to allow the ATO to disclose business tax debts to credit reporting bureaus.