Shadow treasurer Chris Bowen says opposition is open to all proposals that will improve the situation,but warns that policymakers need to tread carefully Labor continues to hedge approximately whether it supports a register revealing the identities of the favourable owners of shell companies following confirmation by the Turnbull government that it will implement the policy.[br]The assistant treasurer, Kelly O’Dwyer, and revealed in Guardian Australia on Friday that the government would follow the UK in creating a public register to help stamp out tax evasion. But despite campaigning intensively on the problems associated with multinational tax avoidance,Labor has declined to commit one way or the other.
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Source: theguardian.com