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Showing 11 - 20 of 28 results for "Tax evasion"

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... the Australian Taxation Office and Australian Federal Police began investigating large-scale money laundering and tax evasion schemes based in Vanuatu. In turn, it led them to the activities of Agius and Castagna, who are cousins. The pair organised ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... officials is expected to be charged in relation to an Australian Federal Police investigation into an alleged $165 million tax evasion syndicate. Deputy tax commissioner Michael Cranston was issued with a court attendance notice and is expected to be ...

Whistleblower protections under microscope

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... National Action Plan, aims to ensure appropriate protections are in place for people who report corruption, fraud, tax evasion or avoidance, and misconduct within the corporate sector. "Whistleblowing plays a critical role in uncovering corporate and ...

Market set for a fairly flat open

AAP  |  FRIDAY, 29 MAY 2015
... central bank governors of the seven wealthiest nations held talks in Dresden on Thursday on the global economy and tax evasion. But optimistic comments out of Athens about an imminent deal that were quickly refuted by Greece's creditors put the Greek ...

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN  |  TUESDAY, 5 MAY 2015
... Financial Crime Taskforce to investigate and prosecute cases of superannuation and investment fraud, identity crime and tax evasion. The taskforce is a continuation of Project Wickenby, which finishes in 2015 and has so far raised over $2.1 billion in ...

Australia and Switzerland agree tax crackdown

MARK SMITH  |  WEDNESDAY, 4 MAR 2015
Federal Treasurer Joe Hockey and Swiss Ambassador Marcel Stutz have agreed to increase cooperation to tackle tax evasion. Under the agreement, the Australian Taxation Office will automatically receive details of financial accounts such as investment ...

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
... offshore transactions and suggesting that they may want to disclose under Project DO IT. People involved in serious tax evasion may be subject to audit. "As we consult with key financial institutions, tax advisers and accounting firms, they may get in ...

Advisers should train to fight tax evasion: FPA

LAURA MILLAN  |  THURSDAY, 23 JAN 2014
... Transaction Reports and Analysis Centre (AUSTRAC) should train financial advisers on identifying and avoiding cases of tax evasion and money laundering, the Financial Planning Association (FPA) said. The FPA general manager of policy and government relations ...

Accountant gets 6 years jail for promoting tax avoidance scheme

MARK SMITH  |  TUESDAY, 24 SEP 2013
... the case was successfully brought forward by Project Wickenby, a cross-agency Government taskforce fighting against tax evasion, avoidance and crime. Ewan Stoddart, 48, was sentenced on 20 September 2013 to 13 counts of aiding and abetting the commission ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
... Association of Superannuation Funds of Australia (ASFA) submission, that Australia poses an exceptionally low risk of tax evasion by US account holders and that Australian retirement plans and certain life insurance products should be excluded from the ...