Coalition bill to scrap taxation transparency requirements for privately held companies with incomes of $100m or more examined in Senate hearingThe Australian federal police had not been approached by the tax office over fears that publishing the tax details of wealthy individuals would lead to an increased risk of kidnapping.
A Senate inquiry on Tuesday examined a proposed bill effect forward by the government that would scrap transparency requirements for privately held companies with an income of $100m or more.
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Source: theguardian.com