ABC Information: Alex Palmer
The Tax that is australian OfficeATO) has had action against 19 international organizations since it unpicks a scheme effective at pushing scores of income tax bucks offshore.
- The ATO has brought action against 19 businesses more than a cross-currency rate of interest swap scheme
- The ATO is seeking the Paradise Papers so that you can analyse the implications that are australian
- The Paradise Papers unveil mining giant Glencore utilized the currency swap scheme
The ATO can also be cracking down on high-profile Australian advisory organizations as well as a worldwide internet of overseas attorneys suspected of promoting taxation avoidance schemes through taxation have actuallyns.
The ATO investigations have actually started to light during a Four Corners project in partnership with the Overseas Consortium of Investigative Journalists.
The biggest drip of documents of all time has exposed the income tax secrets of a number of big international organizations.