Establishing the tax avoidance task force

The Government will provide approximately $679 million to the ATO over the forward estimates period to establish a new tax avoidance task force.  This will permit the ATO to undertake additional compliance activities targeting multinationals, large public and private groups and high wealth individuals.  The Government also intends that the ATO has access to information it requires by enhancing information sharing between the ATO and the Australian Securities and Investments Commission.

Better protecting tax whistle blowers

The Government will introduce arrangements to provide greater protection for individuals who disclose information to the ATO in respect of tax avoidance behaviour and other tax issues.  The measure is intended to take effect from 1 July 2018 and will cover individuals including employees, former employees and advisors, who disclose information to the ATO.