Project Wickenby

Getting results

Project Wickenby's success is demonstrated by over $1.59 billion in liabilities raised, as well as increased tax collections from improved compliance behaviour by participating taxpayers following intervention by the Wickenby task force.

This is further supported by ongoing investigations and prosecutions, resulting in substantial sentences and strong deterrents in the sentencing judgments.

Recent results show the net is closing on promoters and participants in tax schemes involving the abusive use of secrecy havens.

Table 3: Results at 28 February 2013

Investigations
Audits - including risk reviews	Tax liabilities raised	$1.592b
	Audits (including reviews) in progress	182
	Audits (including reviews) completed	3,535
Prosecutions
	People charged	69
	Convictions	35
Money recouped
Cash Collections - Cash collections are reported on a quarterly basis. The current figures are for the quarter ending December 2012.	Cash collections	$381.62m
	Cash collections in subsequent years from people subject to Project Wickenby action	$307.6m
	Other money recouped	$2.68m
	Total	$691.9m

Sections within Getting results

• Ongoing compliance
• Prosecutions and court judgments