Transparency: A little information is a dangerous thing

April 24 2013

As was recently acknowledged by Monica Bhatia, who heads the OECD’s Global Forum on Transparency and Exchange of Information, “we are seeing a rise in tax transparency, and it’s only going in one direction: more transparency”. Mark Friezer, partner at Clayton Utz in Sydney, explores the latest disclosure requirements being imposed on taxpayers in Australia.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & shared bottom lb ros

More from across our site

Direct Tax

Legal Benchmarking Group acquired by Triple Private Equity

The deal to acquire ITR's parent company is expected to complete by the end of May 2025

Tom Baker, April 29 2025

Direct Tax

Meat multinational JBS accused of dodging $442m in taxes

JBS, the biggest meat company in the world, allegedly used Luxembourgian ‘mailbox companies’ to avoid taxes between 2019 and 2022

Tom Baker, April 28 2025

Direct Tax

Australian tax adviser imprisoned for operating while unregistered

Despite the conviction of Jessa Dabalos, the Tax Practitioners’ Board’s investigative work continues with five outstanding PwC scandal probes

Tom Ravlic, April 28 2025

Direct Tax

Female hand with megaphone on white background

Why in-house tax teams should do their own PR

Heads of tax need to push their teams forward as strategic business advisers to add value across their organisations, says Sandy Markwick

Sandy Markwick, April 25 2025

Direct Tax

This week in tax: Elon Musk and Treasury secretary clash over IRS leadership

Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm

Tom Baker, April 25 2025

Transfer Pricing

India’s record APAs a win for government efficiency: experts

The promise of nine years’ tax certainty and a ‘rational and pragmatic’ government process makes APAs a no-brainer, Indian tax advisers tell ITR

Tom Baker, April 24 2025

Transfer Pricing

Fixing Italy’s approach to taxing digital business

Despite garnering significant revenues from multinationals, Italy’s digital services tax presents pressing double taxation issues, say Stefano Simontacchi and Francesco Saverio Scandone of BonelliErede

Stefano Simontacchi , April 23 2025

Direct Tax

Copy of What Corporates Want 2025 (1).png

Asian clients unimpressed with firms’ team depth, exclusive data reveals

ITR’s research shows that in-house tax counsel in Asia also feel underserved by their advisers’ international networks

Tom Baker, April 22 2025

Direct Tax

World Tax and ITR Awards: how to write a winning submission

World Tax global head of research Jon Moore tells ITR how his team spots standout submissions, and gives early statistical insights into this year’s entries

Tom Baker, April 21 2025

Direct Tax

This is the Australian Parliament House in Canberra. Which was t

Tax advisory regulation would be slashed under Aussie conservative government

Australia’s conservative opposition will repeal controversial tax agent reporting rules if elected in the country’s May general election

Tom Ravlic, April 18 2025