Disclosure of Tax Debt information to ‘credit reporting bureaus’ – Law Council of Australia’s consultation submission

The Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019 – Schedule 5, will amend the TAA 1953 to allow taxation officers to disclose the tax debt information of a particular entity operating a business to credit reporting bureaus when certain conditions and safeguards are satisfied. See related Tax Technical article about the whole of the Bill.