In December 2016, the Black Economy Taskforce was established to develop a whole-of government policy framework involving new proposals to tackle black economy activity. In the 2018-19 Budget, the Government responded to the Black Economy Taskforce’s Final Report. This included an announcement that the Government would require businesses seeking to tender for Australian Government procurement contracts over $4 million (inclusive of GST) to provide a statement from the ATO indicating that they are generally compliant with their tax obligations. Businesses who do not meet their tax obligations have an unfair advantage over honest businesses that do. The government wants to lead by example by implementing this recommendation in a way that strikes the right balance between tackling the black economy and keeping the regulatory requirements as low as possible.
Stakeholders are encouraged to provide their views on the proposed system.
You can submit responses to this consultation up until 15 June 2018.
Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
How to respond
Address written submissions to:
Black Economy Division
PARKES ACT 2600