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Multinational compliance at 98pc: ATO

Tom McIlroy
Tom McIlroyCanberra Bureau Chief

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Fresh from dressing down the big four consulting firms for disrupting the tax system with risky advice, ATO deputy Jeremy Hirschhorn said Australia has some of the best compliance by large corporations anywhere in the world.

Acknowledging broad public scepticism about business meeting its tax obligations, Mr Hirschhorn used an interview with The Australian Financial Review to argue corporate tax performance was approaching 98 per cent and Australians could have confidence in efforts to crack down on avoidance.

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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/politics/federal/multinational-compliance-at-98pc-ato-20190920-p52t85