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Tax scheme promoter penalties - how widely will the net be cast?

Published on 01 Apr 04 by "THE TAX SPECIALIST" JOURNAL ARTICLE

In a press release issued on 5 December 2003, the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announced that the Government intends to introduce measures, including a new civil penalty regime, to deter the promotion of tax avoidance and tax evasion schemes.

Author profiles:

David ANDERSON
David is a Senior Associate at Corrs Chambers Westgarth Lawyers. David has over eight years' experience servicing the taxation advisory needs of major multinational clients, including specific services in relation to major infrastructure, property development, financing and construction projects.
Current at October 2005
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Jock McCormack CTA
Jock McCormack, DLA Piper, is a leading Sydney-based international taxation lawyer with specific expertise in income tax and more than 30 years experience managing complex tax matters. Jock's major areas of expertise include debt and equity structuring, acquisitions/mergers/divestments, international tax including transfer pricing, capital gains tax and major projects taxation issues. Jock also advises various major corporations on ATO tax audits, tax strategy reviews, litigation and related issues including managing, negotiating and settling challenging and contentious tax issues and reviews. Current at 24 November 2014 Click here to expand/collapse more articles by Jock MCCORMACK.
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