Law allowing the Australian Taxation Office (ATO) to disclose tax debt information of businesses – corporate and personal, over AU$100,ooo in debt – to registered credit reporting bureaus (CRBs) commenced on 21 February 2020.[1] There is already a similar scheme in New Zealand, with a threshold of NZ$150,000. According to the Australian Explanatory Memorandum ‘this … Continue reading Disclosure of business tax debts to credit agencies