Liberal backbenchers are calling for wide-ranging tax reform,including capital gains taxes on high-value homes and income tax cuts.
The Pandora Papers again highlight how Australia has fallen behind other countries in stamping out tax avoidance and money laundering.
Today on Please Explain,business investigative reporter Sarah Danckert joins Jess Irvine to discuss the biggest data leak of offshore tax details in history.
Westpac director Steven Harker says he used a Samoan superannuation fund set up by one of the firms at the centre of an investigative journalism sting to avoid paying more tax than necessary.
The ATO says it will analyse a trove of secret documents that allegedly shows the secret tax affairs of the super wealthy and famous to see if it can identify any possible Australian links.
A massive trove of private financial records exposes secretive offshore systems used to hide billions of dollars from tax authorities,creditors and criminal investigators.
The biggest threat to crypto assets,their appeal and their value is a loss of anonymity. The push to regulate and tax crypto assets by governments could achieve just that.
Cum-Ex trading,which involved dozen of global banks including Macquarie Bank,was illegal and can be punished as crimes,Germany’s top criminal court ruled.
Chinese labour hire operator Scott Shi is battling to keep a document confidential as the Australian Tax Office alleges he owes up to $163 million in unpaid taxes.
G7 leaders have reached a landmark deal to close tax loopholes used by some of the world’s biggest companies.
The Australian Taxation Office is warning the nation’s 4.2 million small businesses to expect more policing of tax returns this year following a reprieve at the height of the coronavirus pandemic.