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Australian Labor Party Announces Plans to Crackdown on Tax Havens Including a Blacklist, Royalty Restrictions, Public CbC Reporting, and Others

|Proposed Changes|Australia
Australia

Australia's Labor Party Shadow Assistant Treasurer Andrew Leigh has issued a release on the party's plans for a tax haven crackdown as Australia heads into a federals election on 18 May. According to the release, the plans include the introduction of a tax haven blacklist, to appropriately vet investments from countries that fail to comply with international standards. The list will include: Cayman Islands, Bermuda, Andorra, Liechtenstein, Guernsey, Monaco, Mauritius, Liberia, Seychelles, Br…

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