Project Wickenby is a multi-agency task force that was formally established in February 2006.
The purpose of the task force is to protect the integrity of Australian financial and regulatory systems by preventing people from promoting and participating in the abusive use of secrecy havens.
We work with Australian and international agencies to detect, deter and deal with:
tax avoidance and evasion
breaches of financial laws and regulations
attempts to defraud the community including investors and creditors
money laundering, and
concealment of income or assets.
The Australian Taxation Office (ATO) takes every possible step to support the majority of the community who continue to do the right thing by protecting Australia’s revenue system against those who seek to avoid or evade paying their share of tax.
The fight against tax crime is a complex one. The nature of the arrangements and schemes makes detection and investigation time consuming. Evidence can be well hidden or disguised and one case may provide information on existing or new cases.
Some cases are straight forward as alleged tax evasion and fraud. However, many of the cases under investigation involve intelligent, well-informed promoters and clients who design sophisticated and complex arrangements specifically to hide income and avoid the laws of most countries.
What is the difference between Project and Operation Wickenby?
'Operation Wickenby' refers to the criminal investigations led by the Australian Crime Commission (ACC). 'Project Wickenby' refers to the broader cross-agency task force, involving seven agencies including the ACC.
Subscribe
