Statutory review of the operation of Schedule 1 to the Treasury Laws Amendment (Black Economy Taskforce Measures No. 1) Act 2018
This report discusses the policy context and background to Electronic Sales Suppression Technology, the previous legislative framework and limitations in enforcement, and the findings of the Black Economy Taskforce review prior to the introduction of new laws and higher penalties in Australia in 2018. The Report then describes the Australian Taxation Office’s (ATO’s) enforcement activity under the new laws, includes some relevant observations such as developments through the COVID-19 pandemic, outlines recent international developments, and presents some key findings.
The report has been prepared jointly by the Treasury and ATO.
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