ATO Grants Amnesty for Voluntary Disclosure of Offshore Income for a Limited Time Only

The Commissioner of Taxation, Chris Jordan, announced on 27 March 2014 that the Australian Tax Office (“ATO”) has launched Project Do It, a new initiative designed to encourage individuals and companies with undisclosed offshore income to come forward and clean the slate. The Headline Features of Project Do It The key features of Project Do … Continue reading ATO Grants Amnesty for Voluntary Disclosure of Offshore Income for a Limited Time Only