Australian Tax Office (ATO) transparency regimes and initiatives part of commitment to combat international tax avoidance.
They involve comprehensive exchanges of taxpayer information and the number of jurisdictions they now exchange information with is growing.
The ATO works with the Organisation for Economic Co-operation and Development (OECD), Joint International Tax Shelter Information Centre (JITSIC) and overseas jurisdictions to improve global tax transparency. These regimes and initiatives contribute to ensuring individual and corporate taxpayers pay the right amount of tax in Australia.
The measures supporting international tax transparency include: