Tony obtained his Arts and Law degrees from the University of New England and the College of Law respectively and also holds a Master Laws. He was admitted to practice in the New South Wales Supreme Court and subsequently admitted in Victoria, Queensland , Western Australia and in the New Zealand High Court. Following completion of his articles with a Victorian law firm Tony spent five years working as a sole practitioner and following that he undertook various advanced lecturing roles in the areas of commercial law and tax law at both undergraduate and postgraduate level. He has also presented at leading domestic and international tax conferences.
He is the current lecturer in charge and chief examiner of the tax unit at Master’s level at Latrobe University. In addition to completing his Doctorate, Tony is also currently undertaking research on Globalizing Tax Information Exchange Agreements between Tax Havens and Non Tax Havens. As part of his research, complementing his tax practice, Tony’s main focus is on tax where he provides realistic advice and opinions on International Tax, Tax Treaties, Tax Avoidance, CFC’s and Tax Evasion. Tony’s research also includes areas of domestic tax such as providing structured advice with respect to Capital Gains Tax, Trusts, Tax Administration, Tax Litigation, Reconstructions, Corporate Insolvency and Corporate Governance. Prior to engaging in legal practice and academia, he was employed as a tax manager and was consultant to various CPA and Chartered Accounting firms.
Tony possesses particular expertise and knowledge in international tax law. This area of the law is very complicated and requires expert advice, without which taxpayers are very much at risk of being audited by the ATO from which can flow serious consequences including criminal prosecution and imprisonment. Tony has acted for and advised clients from varied ethnic, social and cultural backgrounds and this combined with his academic experience has developed and enhanced his ability to relate to members of different nationalities and socio-economic groups. Tony’s attendance at various seminars, conferences and his pursuance of further postgraduate studies together with his lecturing work add significantly to his attributes as a valued member of LAC Lawyer’ professional team.
Qualifications:
- Bachelor of Arts
- Bachelor of Laws
- Master of Taxation
- Master of Laws
- Graduate Diploma in Legal Practice
Membership:
- Law Institute of Victoria
- Law Society of New South Wales
- Law Society of Queensland
- Law Society of Western Australia
- Associate Member of Taxation Institute of Australia
- Member of the International Fiscal Association
Admitted to:
- Supreme Court of Victoria
- Supreme Court of New South Wales
- Supreme Court of Queensland
- Supreme Court of Western Australia
- Federal and High Court of Australia
- New Zealand High Court
Registered to practice in:
- Victoria
- New South Wales
- Queensland
- Western Australia
- New Zealand High Court
Research and Practical Interests
- Corporate Reporting and Corporate Disclosures
- Corporate Reconstructions, Corporate Insolvency and Corporate Governance
- Tax Policy
- Corporate Tax
- Capital Gains Tax
- General International Taxation
- Tax Avoidance
- CFC, FIF's and Transfor Trusts
- Tax Evasion
- Comparative International Taxing Systems
- International Transfer Pricing- Tax Crime
Recent Publications
- Les Nethercott and Tony Anamourlis, " The Relevance of Accounting and Business Principles in Consolidations", The Tax Specialist, Volume 13, No2, 2 October 2009.
- Tony Anamourlis and Les Nethercott, "An Overview of Tax Information Exchange Agreements and Bank Secrecy", Bulletin for International Taxation, Vol 63, No 12, 29 October 2009.
- Les Nethercott and Tony Anamourlis, "Asset Impairment: A Tax Interface", Journal of Law and Financial Management, Vol. 8, No. 1, pp. 14-19, June 2009.
- Tony Anamourlis and Les Nethercott, "THE TIEA: coming To A Tax Haven Near You", (2010) 84 (5) LIJ, pp.44-47
- Tony Anamourlis, "Joint International Tax Shelter Information Centre and the relevance of tax information exchange agreements", INTHEBLACK, March 2010.
- Tony Anamouris and Les Nethercott, "Tax Information exchange agreements, Charter, March 2010.
- Recent National and International Conference Proceedings
- Tony Anamourlis and Les Nethercott, 'The role and relevance of accounting principals in consolidations' (Paper presented at the 21st Australasian Tax Teachers Conference ' Tax and Sustainability' , Christchurch, New Zealand, January 2009).
- Tony Anamourlis, 'The Impact of Regulation and Control in Tax Havens, (Paper presented at the IBFD Research Students Meeting, 7th Annual Meeting for students of International and Comparative Tax Law, Amsterdam, July 2009).
- Tony Anamourlis and Les Nethercott, 'Tax Avoidance: Part IVA; Tax Havens and the Relevance of Tax Information Exchange Agreements,( Paper presented at the Tax Research Network, Cardiff, Wales, September 2009).
- Tony Anamourlis, ‘Tax Havens and relevance of Tax Information Exchange Agreements: Past, Present and New Challenges for Australia”. (Paper will be presented at the Austrian for International and Comparative Taxation, Vienna University of Economics and Business, Vienna, Austria, March 2010) Conference proceedings; International Tax Treaties from a Legal and Economic Perspective.
Recent Media Statements, Radio and News Apperarances
- Ben Butler, “Swiss bank UBS quizzed on tax”, Herald Sun, Wednesday, March 17, 2010, pp.35- 36. http://www.heraldsun.com.au/business/swiss-bank-ubs-quizzed-on- tax/story-e6frfh4f-1225841595214
- Claude Baumann, “UBS: Australians are looking for tax offenders”, Finews.ch ,Wednesday 17, March 2010. http://www.finews.ch/news/banken/2945-australier-s uchen-nach-steuersuendern
- Patrick Stafford, "Tax office searching Facebook, MySpace for wealthy tax payers' info", Smartcompany, Wednesday, 24 March 2010. http://www.smartcompany.com.au/tax/20100324- tax-office-searching-facebook-myspace-for-investor-info.html
- "Swiss bank UBS quizzed on tax", finance2business.com, Wednesday, 29 March, 2010. http://finance2business.com/finance-articles/swiss-bank-ubs-quizzed-on-tax/
- "Bookeeping: ATO Searching Facebook", yo2go.com, Wednesday 29 March 2010. http://www.yo2go.com/bookkeeping-ato-searching-facebook/
- Tony Anamourlis, "ATO needs to clarify foreign income amnesty", The Australian Financial Review, Tuesday 13 April 2010, p.63.
- Vivienne Morris, "Trojan Horse", the amnesty declared by the Authority, Neos Kosmos Greek Newspaper, Thursday 22 April 2010, p7. (it is written in the Greek language but will be translated in English in due course.). http://www.neoskosmos.com/news/el/node/7421?page=3
- Tony Anamourlis, "Foreign CGT cares", The Australian Financial Review, Thursday 29 April 2010, p.60.
- S. Hatzimanoli ”Australia-Questions for Greeks in Australia have income in Greece”, omogeneia.ana-mpa.gr. http://omogeneia.ana-mpa.gr/press.php?id=9836
- Australian Taxation Office "resting" with income expatriates in Greece, Greek Australia Reporter, 28 April 2010 from St. Papapostolou. http://au.greekreporter.gr/?p=1317
- Questions of Greeks in Australia have income in Greece, ANAstock.gr, Monday 3 May 2010. http://stock.ana-mpa.gr/articleview1.php?id=26979
- Evonne Barry, "Residential power bills to soar", Herald Sun, Tuesday May 4, 2010, p.6 http://www.heraldsun.com.au/news/national/residential- power-bills-to-soar/story-e6frf7l6-1225861794482
- Karlis Salna “Abbott meets mining bosses, rejects tax”, 7 News, Yahoo.com, Wednesday 5 May 2010. http://au.news.yahoo.com/a/-/newshome/7166850/ abbott-meets-mining-bosses-rejects-tax/ (Media interview , and comments made on Channel 7 news on the proposed 40% mining tax and the impact it will have with respect household bills such as power and gas. The Journalist who interviewed me was Political correspondent Mr Alex Hart from Channel Sevens (Canberra Bureau).
- Butler, Ben ‘Lawyers face capital gains probe’ Herald Sun 24 May 2010.
- Vivienne Morris "Cleanup Unconditionally", Neos Kosmos Greek Newspaper, 3 June 2010, p.7. This article addresses the issues with respect to the ATO's tax amnesty which is due to expire on the 30 June 2010. http://www.neoskosmos.com/news/el/node/8191 (This article will be translated from Greek to English in due course.
- Tony Anamourlis, "ATO issues standing invitation to 'treaty shop', The Australian Financial Review, Wednesday 9 June 2010, p.63. http://www.afr.com/p/opinion/ato_issues _standing_invitation_to_lJEhm33fj6G1GWFr8CpK4l
Television Appearances
- Channel 7 Adelaide, 5 May 2010 - Tony Anamourlis
- Channel 7 Melbourne, 5 May 2010 - Tony Anamourlis
- Channel 7 Brisbane, 5 May 2010 - Tony Anamourlis
- Channel 7 Sydney, 5 May 2010 - Tony Anamourlis
- Southern Cross Hobart, 5 May 2010 - Tony Anamourlis
- Channel 7 Melbourne, 6 May 2010 - Tony Anamourlis
- Channel 7 Sydney, 6 May 2010 - Tony Anamourlis
The Neil Mitchell talk back radio show, 3AW, Melbourne, Mornings: 06 May 2010 10:54AM,Compere: Neil Mitchell: Mitchell says he has received 'flak' today for suggesting the Government's 40% mining tax was going to affect super funds, however it appears it already has. He speaks to Tony Anamourlis, Tax Lecturer in Faculty of Law and Management, La Trobe University, who predicts the mining tax will push up gas and electricity prices between 10% - 25% over a period of 2 - 5 years. Anamourlis does not believe the Government 'thought out' the plan before announcing it. Mitchell believes the Prime Minister will have to 'water down' the plan.Interviewees: Tony Anamourlis, Tax Lecturer in Faculty of Law and Management, La Trobe University
Tax Law - Legal Professional Privilege - Protection For Clients
Date: April 11, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
The legal professional privilege attaches to communications for the purpose of giving and receiving legal advice or for use in existing or anticipating litigation. It is will accepted that if a person prepares and then make a documentary communication to a legal advisor for the dominant purpose of obtaining legal advice, that documentary communication attracts legal professional privilege.
Tax Law - The Reach of Legal Professional Privilege
Date: April 11, 2011
Author(s): Frank Egan B.A., LL.B., A.C.L.A., F.T.I.A. (Notary), Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
These propositions make it clear that any document being prepared with a view in order to obtain legal advice or to aid in the conduct of litigation even if it is only an aide-memoire has privilege attached to it from the time of creation.
Tax Law - The Commissioner of Taxation will reinstate companies to recover tax debts
Date: March 25, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
The Federal Court, finding for the Commissioner, held that the taxpayer should be reinstated. It held that there would be no injustice or prejudice caused by the reinstatement, whereas, injustice might be occasioned if there was not reinstatement.
Tax Law - Be wary of what you affirm in your Tax Objection to the Commissioner
Date: March 25, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
This is the first reported case where the Commissioner has successfully prosecuted a taxpayer for making a false statement. The reality of the matter is, not only does the taxpayer still have to pay the tax owing to the Commissioner; he has a criminal conviction and was sent to jail.
Estate Planning, Asset Protection and Taxation Law - An Overview of Testamentary Trusts - Part 1
Date: March 02, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
A testamentary trust is a trust created in a will. There are four parties involved in a testamentary trust...
Estate Planning, Asset Protection and Taxation Law - An Overview of Testamentary Trusts - Part 2
Date: March 02, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
A well drafted testamentary trust can also provide an opening for beneficiaries to minimize Capital Gains Tax which arises from the sale of your assets. Capital Gains Tax is not triggered when an asset belonging to you passes via your Will to your executor or the trustee of a testamentary trust. There is no Capital Gains Tax when your assets are transferred from the trustee of a testamentary trust to a beneficiary...
Taxation Law - Tax Information Exchange Agreements - Part 1
Date: February 08, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Recently at both a national and international level there has been increasing attention given to the issue of tax evasion and the use of tax havens. In a foreword to an ATO booklet titled “Tax Havens and Administration”[1] released by the ATO, the Commissioner of Taxation Michael D’Ascenzo commented that the use of tax havens.
Taxation Law - Tax Information Exchange Agreements - Part 2
Date: February 08, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Double Taxation Agreements (“DTA’s”) are bilateral agreements between two countries which prevent double taxation and fiscal evasion . DTA’s are designed to foster cooperation between international tax authorities by enforcing their respective tax laws.
Taxation Law - Tax Information Exchange Agreements - Part 3
Date: February 08, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
With the increased attention being given by the ATO and other government agencies to the issue of tax evasion in tax havens taxpayers need to be aware of current developments. The ATO has indicated that as a result of project Wickenby the ATO will focus on taxpayers engaged in tax evasion and will use new approaches (including the use of promoter penalty legislation) to target offenders.
Taxation Law - The Raftland Decision - Trust Losses, Trust Stripping and Shams - Part 1
Date: January 12, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Raftland Pty Ltd v Commissioner of Taxation (2007) 65 ATR 336, a case involving the "trust stripping" provisions of s 100A of the Income Tax Assessment Act 1936 (Cth) (ITAA 1936) where the taxpayer's appeal was heard and decided by the High Court of Australia on 22 May 2008. The paper will examine the signifiance of the case insofar as Australian taxpayers are concerned involving trust loss trafficking prior to the introduction of the trust loss measures.
Taxation Law - The Raftland Decision - Trust Losses, Trust Stripping and Shams - Part 2
Date: January 12, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
In unanimously dismissing the taxpayer's appeal, the High Court found that on the evidence (both documentary and other evidence), the entitlement of the E&M Unit Trust was never intended to have any substantive legal effect. It also found that the trust income in question had in fact been applied for the benefit of the brothers and their interests.
Taxation Law - The Raftland Decision - Trust Losses, Trust Stripping and Shams - Part 3
Date: January 12, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
If transactions and or arrangements are struck down as "shams" it will have ruthless tax and criminal consequences to taxpayers in Australia. The decision of the High Court has opended up and has given the Australian Taxation Office a signifiacant drive to push and strike down a wide range of transactions as "shams".
Back to Basics - Self Managed Superannuation Funds - Loans
Date: January 11, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Borrowing in an SMSF can be from two sources; internal lender or external lender.... read on to find out about SMSFs
Back to Basics - Self Managed Superannuation Funds - Documentation
Date: January 11, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
In essence, what the law states: if the correct “borrowing structure” is in place, a super fund will be exempted from borrowing restrictions. Which means super funds can borrow to buy an investment property, as long as the structure suggested in Sec 67 (4A) of SIS Act is in place.
Back to Basics - Self Managed Superannuation Funds - Legal Issues
Date: January 11, 2011
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
The Trust deed of the existing SMSF should be reviewed to ensure that the borrowing and investment by way of an instalment warrant is permitted under the governing rules.
Taxation Law - The Future - The Loss of Privacy and Confidentiality
Date: August 05, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Taxation Law - The Brussels Agreement - The Direct Involvement of the CIA in Banking and Revenue Matters
Date: August 05, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
The Brussels agreement which was formalised in late 2009 is an important development to overcome the issue of banking secrecy in the European Union. It is an agreement between EU countries and the USA which provides the CIA with powers to access bank accounts held by individuals in the European Union.
Taxation Law - The Gathering Pace and Scope of Taxation Information Exchange
Date: August 05, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
The importance of effective tax information exchange and effective transparency between countries is vital to a country’s well being and integrity of its tax system with inter country transactions.
Taxation Law - The Background to Taxation Information Exchange.
Date: August 05, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
With the increased fiscal leakage caused by tax evasion the OECD and countries in the European Union have raised concerns as to how the issue should be addressed.
The Mechanisms of Tax Information Exchange Between Different Jurisdictions
Date: August 04, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
A Tax Information Exchange Agreement is a formal agreement between countries that formalizes the ability of relevant government agencies to exchange information between them concerning the tax affairs of individual taxpayers or other entities.
The Purpose of Tax Information Exchange Agreements and Factors that Determine the Issues of Confidentiality
Date: August 04, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Taxation Law - Offshore Voluntary Disclosure Initiative (OVDI) - A Question of Choice
Date: May 04, 2010
Author(s): Frank Egan B.A., LL.B., A.C.L.A., F.T.I.A. (Notary), Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
There is now a choice offered to taxpayers who make a voluntary disclosure prior to the 30th of June 2010. The Commissioner states in his Offshore Voluntary Disclosure Initiative...
Taxation Law - Offshore Voluntary Disclosure Initiative (OVDI) - The Current Status of the ATO Concerning Tax Evasion and Tax Avoidance
Date: May 04, 2010
Author(s): Frank Egan B.A., LL.B., A.C.L.A., F.T.I.A. (Notary), Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
From a government perspective, there is some concern that proceeds of crime have become associated with fraud, tax evasion and other criminal activity. For example, in 2005-06, the ATO’s Serious Non-Compliance Department achieved the following...
Taxation Law - Offshore Voluntary Disclosure Initiative (OVDI)
Date: April 27, 2010
Author(s): Frank Egan B.A., LL.B., A.C.L.A., F.T.I.A. (Notary), Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
In recent months and especially with Project Wickenby there has been increasing attention in the press to the issue of tax evasion especially in relation to overseas transactions which are located in tax havens. In this respect many taxpayers may be under the belief that if there is offshore income there is little need to disclose it to the tax authorities as there is little possibility that the Tax office will be able to determine the nature of it.
Taxation Law - Global Transparency: High Net Wealth Individuals, Tax Information Exchange Agreements and Multinationals: Country by Country Reporting - Part 1
Date: January 18, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Recent attention by the media and statements by the Australian Tax Office (“ATO”) concerning Project Wickenby has raised questions of the scope of tax avoidance by taxpayers who use offshore tax havens
Taxation Law - Global Transparency: High Net Wealth Individuals, Tax Information Exchange Agreements and Multinationals: Country by Country Reporting - Part 2
Date: January 18, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
An attempt to overcome some of the limitations associated with s 264A notices is by the establishment of Tax Information Exchange agreements (TIEA) with countries, which have some history and exposure to tax haven transactions.
Taxation Law - Global Transparency: High Net Wealth Individuals, Tax Information Exchange Agreements and Multinationals: Country by Country Reporting - Part 3
Date: January 18, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
According to a briefing paper from the Tax Justice Network and to the UK Tax Minister country by country reporting means that Multinational Companies (“MNC”) report in its accounts without exception
Taxation Law - Global Transparency: High Net Wealth Individuals, Tax Information Exchange Agreements and Multinationals: Country by Country Reporting - Part 4
Date: January 18, 2010
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
According to the OECD report, high net wealth individuals present tax authorities with challenges with respect to the following
Taxation Law - The Purpose of Tax Information Exchange Agreements (TIEA's) and the Current Status of Proposals for Australia on TIEA's - Part 2
Date: December 11, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
From a practical point of view, there is some concern that proceeds of crime have become associated with fraud, tax evasion and other criminal activity .As a result Commonwealth legislation has been introduced to address this issue whereby proceeds arising from criminal offences against Commonwealth laws may be forfeited.
Taxation Law - The Purpose of Tax Information Exchange Agreements (TIEA's) and the Current Status of Proposals for Australia on TIEA's - Part 3
Date: December 11, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
While there has been considerable attention given to the issue of tax evasion there are a number of important issues that taxpayers and their advisers should consider given the formalisation of TIEA’s by Australian authorities with overseas countries and in particular some recognised tax havens
Taxation Law - The Purpose of Tax Information Exchange Agreements (TIEA's) and the Current Status of Proposals for Australia on TIEA's - Part 1
Date: December 11, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
In any attempt to reduce the impact of tax havens and discover any questionable cross border transactions, the role of TIEA’S is important. The exchange of information between jurisdictions serves three purposes for tax administrators
Taxation Law - An International Perspective; Examples of Abusive Tax Scheme Investigations in the USA - Fiscal Year 2009 - Part 1
Date: November 23, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Taxation Law - An International Perspective; Examples of Abusive Tax Scheme Investigations in the USA - Fiscal Year 2009 - Part 2
Date: November 23, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Taxation Law - An International Perspective; Examples of Abusive Tax Scheme Investigations in the USA - Fiscal Year 2009 - Part 3
Date: November 23, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Taxation Law - Is JITSIC about to Bite You?
Date: September 03, 2009
Author(s): Tony Anamourlis B.A., LL.B., MTaxLaw, GradDipLegPrac, SJD Candidate (La Trobe); ATIA
Should you be wondering whether JITSIC is the name of a snarling dog behind your neighbour’s fence, rest assured it is a far more aggressive animal. The Joint International Tax Shelter Information Centre (“JITSIC”), taskforce, which is based in Washington DC and has recently also opened an office in London, has the prime responsibility in targeting abusive tax schemes and tax evasion.