Tax Avoidance Taskforce
We are a world leader in combating tax avoidance. The Tax Avoidance Taskforce bolsters our efforts to ensure the right amount of tax in Australia is paid by:
- multinational enterprises
- large public and private businesses
- associated individuals.
The Corporate tax transparency population includes the largest businesses in Australia that are covered by the activities of the Taskforce. The Taskforce invests significant resources to ensure these businesses are paying the correct amount of tax.
Justified trust program
Through our justified trust program we assure the tax compliance of large public and multinational businesses and large privately owned and wealthy groups. Areas of concern identified through the program are escalated for further investigation by our compliance teams.
To gain assurance they are paying the correct amount of tax, we engage with the top:
- 1,100 public and multinational businesses and superannuation funds
- 500 privately owned and wealthy groups.
Justified trust builds and maintains community confidence that taxpayers are paying the right amount of tax. It also allows us to focus our resources in the right areas.
Tax assurance programs and findings
Our population-wide approaches to preventing non-compliance explains how we monitor large corporations. It also explains the large number of resources applied to educating and preventing non-compliance.
Our report explains in more detail how we maintain assurance over large corporate taxpayers.
For more information, see:
- Tax and Corporate Australia
- Tax Avoidance Taskforce
- Tax performance programs for privately owned and wealthy groups.
Our findings reports give insights into the level of tax compliance of large business across our key programs: