australia to follow uk in creating public register of shell companies /

Published at 2016-04-22 07:15:43

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Canberra commits to anti-tax avoidance measure ahead of an anti-corruption conference in London in mid-May convened by David CameronAustralia will follow the United Kingdom and become the second major economy to create a public register revealing the identities of the favourable owners of shell companies in an effort to stamp out tax avoidance by multinational companies.
The Canberra government has signalled it will construct a public commitment to a register of favourable ownership within weeks, ahead of an anti-corruption conference in London in mid-May convened by David Cameron.
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Source: theguardian.com

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