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Discussion Paper for the Review of Taxation Secrecy and Disclosure Provisions

Date:

Thursday, 17 August 2006

Content ID:

1121

Abstract:

On 17 August 2006, the Treasurer announced the Review of Taxation Secrecy and Disclosure Provisions and released a Treasury discussion paper outlining a framework for simplifying and standardising the various tax law secrecy and disclosure provisions.

The discussion paper proposes clarifying the protection of taxpayer information by standardising the tax secrecy and disclosure provisions into a new framework. This will provide increased certainty for taxpayers, tax officers and users of tax information such as government departments. Standardising provisions would also reduce the complexity and volume of tax law. Most importantly, the new framework seeks to maintain the balance between taxpayer privacy and disclosures that are necessary to deliver entitlements and meet law enforcement and integrity provisions.

The discussion paper also presents some potential new disclosures of taxpayer information for consideration.

Interested parties are invited to provide written comments on the Review of Taxation Secrecy and Disclosure Provisions discussion paper or matters that may improve the operation of the tax secrecy and disclosure provisions.

Comments will be treated as public and may be placed on the Treasury’s website. Please indicate if you do not want your submission to be made public.

Submission closing date: 29 September 2006

Address written submissions to:

The Review of Taxation Secrecy and Disclosure Provisions
Tax System Review Division
The Treasury
Langton Crescent
Parkes ACT 2600

Fax: 02 6263 3860

Email: taxationsecrecy@treasury.gov.au

Phone: 02 6263 3154

Documents Available:


Acrobat (PDF) documents

 Acrobat (PDF)

Discussion Paper for the Review of Taxation Secrecy and Disclosure Provisions  537.64kb

Related Items:

Submissions: Review of Taxation Secrecy and Disclosure Provisions - 9/10/2006

Below is a list of submissions received in response to the Review of Taxation Secrecy and Disclosure Provisions Discussion Paper.

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