Parliamentary committee calls for extension of debt rights to taxpayers

- Advertisement -

CANBERRA (CU)_The Australian Parliament’s standing committee on tax on revenue recommended a host of changes to taxation practices followed by the principal revenue collection body of the country. In a report that was published on Tuesday (26 October), the committee, led by chairman and Liberal MP Jason Falinski, called for the creation of a taxpayer bill of rights, which would be aimed at protecting businesses and workers against the Australian Taxation Office (ATO), a powerful government agency.

It also recommended the incorporation of several elements which have been observed in the system of the United States, such as redefining the role of the Inspector General of Taxation as a taxpayer advocate. One of the key endorsements made by the committee is reforming legislation in such a manner that taxpayers are given the same protections enjoyed by all other citizens when dealing with debts. This would mean that the onus of proof would lie on the ATO, and that it is not payable until it has been proved.

“The aim of these changes has been to deliver…

Hot this week

Pigmentation-Prone Skin? Damastíque Has the Answer

In the ever‑evolving world of beauty, a new name...

UK’s Triple Lock Gamble: Are Pension Rises Pushing the Country Towards a Financial Crisis?

(Commonwealth_Europe) (Millions of pensioners in the UK are on...

Crypto Spotlight: Gemini’s Stellar Start and What’s Next

The recent public flotation of Gemini, the crypto exchange...

From Controversy to Crowds: Tommy Robinson Leads Massive March in London

(Commonwealth_Europe) Twenty-six police officers were injured, four of them...
- Advertisement -

Related Articles

- Advertisement -sitaramatravels.comsitaramatravels.com

Popular Categories

Commonwealth Union
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.