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Tax office accuses multinationals of failing to inform public about Australian operations

One of the Australian Taxation Office’s most senior officials has hit out at multinational corporations and other big companies for failing to properly inform the public about the tax positions of their Australian operations.

Speaking to Guardian Australia as the ATO prepares for its annual release of tax transparency data later this month, second commissioner Jeremy Hirschhorn said would be “wise” to improve the information contained in locally filed financial reports to include details of the operations of their Australian companies.

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Australian tax office

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