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Showing 11 - 18 of 18 results for %22Serious Financial Crime Taskforce%22

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the Serious Financial Crime Taskforce - one that "targets the most serious crimes that present the highest risk to Australia's tax and superannuation systems." ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... ASIC should have search warrant powers that let it use intercepted telecommunications while investigating and prosecuting serious offences. Among recommendations that the Federal Government has agreed but won't act upon immediately is the report's call ...

White-collar crime penalties to skyrocket

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... penalty units), or three times the benefit gained (or loss avoided) or 10% of annual turnover. The paper also recommended serious offences receive the highest penalties: Imprisonment of 10 years, a fine of $945,000 (4500 penalty units), or three times ...

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... paper, are hoped to boost the regulators ability to gather information relating to the investigation and prosecution of serious corporations offences, including information obtained from telecommunications interception warrants. Under current commonwealth ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... the ATO for more than 30 years and has actively worked to combat tax crime as a member of the Serious Financial Crime Taskforce. Cranston works extensively both domestically and internationally to reduce the incidence of tax crime, including having recently ...

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN  |  TUESDAY, 5 MAY 2015
... organised financial crime." The Government will provide $127.6 million over four years to the Serious Financial Crime Taskforce to investigate and prosecute cases of superannuation and investment fraud, identity crime and tax evasion. The taskforce is ...

Accountant gets 6 years jail for promoting tax avoidance scheme

MARK SMITH  |  TUESDAY, 24 SEP 2013
... $1,392,696 in tax being avoided. In sentencing Stoddart, Judge Long S.C. commented: "These offences are of a kind that are serious in nature, as they affect the integrity of Australian taxation system, thus directly impact on the Australian community. ...
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