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 OZschwitz: Mystic fraudsters of the Uniting Church call for rewards for tax evasion whistleblowers

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PostSubject: OZschwitz: Mystic fraudsters of the Uniting Church call for rewards for tax evasion whistleblowers   Tue Jun 16, 2015 3:42 am

Whistleblowers who expose corporate tax dodgers should be paid bounties based on a percentage of how much money is recouped by authorities, the Uniting Church has urged.



In a submission to the Abbott government's tax white paper, Uniting Justice, a social and economic policy-focused division of the church, has proposed Australia adopt a scheme similar to the United States where a convicted former banker received $US104 million ($134 million) for exposing a multi-billion dollar tax fraud by Swiss investment bank UBS and other institutions.

Britain also has a scheme that has been paying hundreds of people a year to dob in tax evaders since 2008.

Uniting Justice wants a combination of protections because it believes the US is better at paying rewards but the UK's specific Public Interest Disclosure Act provides better legal safeguards for people willing to blow the whistle on a company they work for.

http://www.smh.com.au/federal-politics/political-news/uniting-church-calls-for-rewards-for-tax-evasion-whistleblowers-20150615-gho91d.html
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OZschwitz: Mystic fraudsters of the Uniting Church call for rewards for tax evasion whistleblowers

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