The Tax Institute welcomes the opportunity to make a submission to the Board of Taxation in relation to the Post-Implementation review of the Tax Transparency Code Consultation Paper (Consultation Paper).
The Tax Institute acknowledges that increased transparency, including a well-designed voluntary TTC, will have a positive impact on the integrity of the tax system and thereby on voluntary compliance. In particular, transparency measures have the ability to positively influence the perception of taxpayers generally with respect to the large corporate sector and to underscore the important role they play in the economy. A properly designed TTC can assist in moving any public discussion away from unhelpful rhetoric, such as notions of a company paying its fair share' of tax, to more accurate and objective measures.
Post-Implementation review of the Tax Transparency Code (TTC)
Published Date: 2 Apr 2019
Details
- Published By:The Tax Institute
- Published On:2 Apr 2019
- Session Name:Post-Implementation review of the Tax Transparency Code (TTC)
- Read Time:10+ minutes
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The Tax Institute
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("TTI")
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