Published: December 20, 2018
There seem to be no plans to legislate a public registry of beneficial ownership of shell companies before the election
Almost three years after making the promise, the Coalition government has made no progress in establishing a register designed to crack down on multinational tax avoidance.
After the publication of the Panama Papers revealed how some of the world’s wealthiest companies and people were using a law firm to minimise their tax responsibilities, and following a similar move in the UK, the Australian government agreed to establish a public registry of beneficial ownership of shell companies.
Continue reading...from The Guardian http://bit.ly/2S8FaOY
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