produced from mergers and the renaming of stock exchanges that were previously listed. This list was updated in response to a Sounding Board suggestion that has now been marked as completed. The Board encourages stakeholders to post new ideas for tax system improvement on the or make comments on existing ideas. Tax Transparency Code The discussed the take-up of the Voluntary Tax Transparency Code (the Code). As at 9 July 2018, there were 137 signatories to the Code, of which 116 have published at least one tax transparency report. The Board continues to monitor developments in the tax transparency landscape both in Australian and overseas, to identify practice’ disclosures and opportunities to further improve the Code. The Board welcomes views from ‘best the business and broader community on the Code. The Board recently met with the Australian Accounting Standards Board to understand proposed changes to implement the International Accounting Standards Board’s Reporting Conceptual Framework in Australia, which is likely to include the phasing out of Special Purpose Financial Reports. The Board will continue to keep abreast of developments in financial reporting which may impact on tax transparency. The Board encourages you to adopt the Code and support and assist your clients to adopt it. It is as simple as sending us an email setting out your groups’ intentions! For further information on the Code or to register your intention to adopt it, please contact us at . Thank You! you to all our stakeholders and advisory panel members who continue to support the Board’s work. Thank you also to the Office of Parliamentary Counsel and Deloitte for hosting our recent Board meetings. Our next meeting will be held in Adelaide on 9 August 2018. Stay in You can keep up to date with the latest news from the Board on our website and via LinkedIn. For those who are on LinkedIn, follow the Board of Taxation . Kind Regards Karen Payne Karen Payne phone: +61 2 6263 2122 Chief Executive Officer mobile: 0405 843 880 Board of Taxation email: Treasury Building, Langton Crescent, PARKES ACT 2600 Telephone: 02 6263 4366 Email: • • Website: Sounding •
produced from mergers and the renaming of stock exchanges that were previously listed. This list was updated in response to a Sounding Board suggestion that has now been marked as completed. The Board encourages stakeholders to post new ideas for tax system improvement on the or make comments on existing ideas. Tax Transparency Code The discussed the take-up of the Voluntary Tax Transparency Code (the Code). As at 9 July 2018, there were 137 signatories to the Code, of which 116 have published at least one tax transparency report. The Board continues to monitor developments in the tax transparency landscape both in Australian and overseas, to identify ‘best practice’ disclosures and opportunities to further improve the Code. The Board welcomes views from the business and broader community on the Code. The Board recently met with the Australian Accounting Standards Board to understand proposed changes to implement the International Accounting Standards Board’s Reporting Conceptual Framework in Australia, which is likely to include the phasing out of Special Purpose Financial Reports. The Board will continue to keep abreast of developments in financial reporting which may impact on tax transparency. The Board encourages you to adopt the Code and support and assist your clients to adopt it. It is as simple as sending us an email setting out your groups’ intentions! For further information on the Code or to register your intention to adopt it, please contact us at . Thank You! you to all our stakeholders and advisory panel members who continue to support the Board’s work. Thank you also to the Office of Parliamentary Counsel and Deloitte for hosting our recent Board meetings. Our next meeting will be held in Adelaide on 9 August 2018. Stay in You can keep up to date with the latest news from the Board on our website and via LinkedIn. For those who are on LinkedIn, follow the Board of Taxation . Kind Regards Karen Payne Karen Payne Chief Executive Officer Board of Taxation phone: +61 2 6263 2122 mobile: 0405 843 880 email: Treasury Building, Langton Crescent, PARKES ACT 2600 • Telephone: 02 6263 4366 • Email: Website: • Sounding
CEO_Update_July_2018.docx