IRAS’ audits of company tax acompliance
Introduction IRAS takes a comprehensive approach towards tax compliance by companies by conducting both risk-based and random audits across all industries to ensure good coverage across the corporate base. To do so, IRAS uses data analytics and other tools to profile companies according to their compliance risk. Focus area of IRAS’ upcoming compliance programmes include […]
Tax incentives and regulation needed for greenhouse emissions reduction
To accelerate towards net zero, Australian policy makers must consider using the tax system to incentivise investment. If Australia is to meet its commitment to reduce greenhouse gas emissions to 43% below 2005 levels by 2030, we need to cut emissions faster,” researchers from Griffith University recently wrote. “Even if all current government policy commitments […]
