Treasury Other actors involved Government: Australian Taxation Office, Australian Securities and Investments Commission, Attorney-General’s Department and relevant agencies Non-government: Board of taxation, tax advisors, law and accounting bodies, organisations and academia Milestones Number Milestone Start Date End Date 1 Policy development to introduce tax October 2016 December 2016 whistle-blower protections and options to strengthen and harmonise corporate whistle-blowing protections with those in the public sector. 2 Public consultation on tax and December 2016 March 2017 corporate whistle blower protections. 3 1. Development and exposure of May 2017 July 2017 legislation for tax whistle blower protections. 2. Recommendation to Government on reforms to strengthen protections in the corporate sector. 4 Finalisation of legislation for tax August 2017 December 2017 whistle-blower protections. Commitment 1.2: Beneficial Ownership We will consult with the corporate sector, non-government organisations and the public on a beneficial ownership register for companies. Objective Australia will work to improve transparency of information on beneficial ownership and control of companies available to competent authorities.
Treasury Other actors involved Government: Australian Taxation Office, Australian Securities and Investments Commission, Attorney-General’s Department and relevant agencies Non-government: Board of taxation, tax advisors, law and accounting bodies, organisations and academia Milestones Number Milestone Start Date End Date 1 Policy development to introduce tax whistle-blower protections and options to strengthen and harmonise corporate whistle-blowing protections with those in the public sector. October 2016 December 2016 2 Public consultation on tax and corporate whistle blower protections. December 2016 March 2017 3 1. Development and exposure of legislation for tax whistle blower protections. 2. Recommendation to Government on reforms to strengthen protections in the corporate sector. May 2017 July 2017 4 Finalisation of legislation for tax whistle-blower protections. August 2017 December 2017 Commitment 1.2: Beneficial Ownership We will consult with the corporate sector, non-government organisations and the public on a beneficial ownership register for companies. Objective Australia will work to improve transparency of information on beneficial ownership and control of companies available to competent authorities.
open-government-nap-consultation.docx