Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision
Previous revision
Next revisionBoth sides next revision
wiki:contents:fatca:aus_fatca_implementation [2018/05/09 22:32] – [Resources:] added link to IGA text karenwiki:contents:fatca:aus_fatca_implementation [2019/02/14 07:27] – [Parlimentary Review & Legislation] carl
Line 18: Line 18:
 === Privacy Considerations === === Privacy Considerations ===
  
-FIXME No Privacy Impact assessment was done on the FATCA implementing legislation even though recommended by the Privacy Commissioner, Office of the Australian Information Commissioner (OAIC) - Item 26 of [[https://www.oaic.gov.au/engage-with-us/submissions/intergovernmental-agreement-to-implement-fatca|OAIC Submission to Treasury on Intergovernmental agreement to implement FATCA]]+FIXME No Privacy Impact Assessment (PIA) was done on the FATCA implementing legislation even though recommended by the Privacy Commissioner, Office of the Australian Information Commissioner (OAIC) - Item 26 of [[https://www.oaic.gov.au/engage-with-us/submissions/intergovernmental-agreement-to-implement-fatca|OAIC Submission to Treasury on Intergovernmental agreement to implement FATCA]].  Correspondence with Treasury as part of an unsuccessful FOI request, clarified that OAIC’s submission only suggested that Treasury complete a PIA on FATCA meaning there was therefore no legal requirement for Treasury to do-so. However, the privacy implications and the OAIC’s submission were subsequently discussed in the Regulation Impact Statement prepared by Treasury. 
  
 When looking at Privacy impact of FATCA, we should also be looking at CRS as similar privacy concerns exist. The [[https://www.ato.gov.au/law/view/document?DocNum=0000080940&PiT=20160331000000&FullDocument=true|Explanatory Memorandum]] includes a section on Human Rights which talks about privacy, but nothing from the Privacy Commissioner. When looking at Privacy impact of FATCA, we should also be looking at CRS as similar privacy concerns exist. The [[https://www.ato.gov.au/law/view/document?DocNum=0000080940&PiT=20160331000000&FullDocument=true|Explanatory Memorandum]] includes a section on Human Rights which talks about privacy, but nothing from the Privacy Commissioner.
Line 30: Line 30:
 [[https://treasury.gov.au/tax-treaties/intergovernmental-agreement/|FATCA IGA text and MOU]] [[https://treasury.gov.au/tax-treaties/intergovernmental-agreement/|FATCA IGA text and MOU]]
  
-[[http://www.aph.gov.au/~/media/Committees/Joint/Treaties/13May2014/fatca_nia.pdf+[[http://ris.pmc.gov.au/sites/default/files/posts/2014/05/08_RIS_accessible.pdf
 |FATCA Regulation Impact Statement (2014) - Summarises Treaty and Consultation]] |FATCA Regulation Impact Statement (2014) - Summarises Treaty and Consultation]]
 +
 +[[https://www.legislation.gov.au/Details/C2014A00067|Tax Laws Amendment (Implementation of the FATCA Agreement) Act 2014]]
  
 [[https://www.legislation.gov.au/Details/C2014B00107/Explanatory%20Memorandum/Text|Explanatory Memorandum - TAX LAWS AMENDMENT (IMPLEMENTATION OF THE FATCA AGREEMENT) BILL 2014]] [[https://www.legislation.gov.au/Details/C2014B00107/Explanatory%20Memorandum/Text|Explanatory Memorandum - TAX LAWS AMENDMENT (IMPLEMENTATION OF THE FATCA AGREEMENT) BILL 2014]]
  
 [[http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=MajorSubjectId_Phrase%3AHR1%20SearchCategory_Phrase%3A%22publications%22;rec=0|Background report on FATCA]] by Hannah Gobbett and Bernard Pulle for Parliamentary Information Service [[http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=MajorSubjectId_Phrase%3AHR1%20SearchCategory_Phrase%3A%22publications%22;rec=0|Background report on FATCA]] by Hannah Gobbett and Bernard Pulle for Parliamentary Information Service
wiki/contents/fatca/aus_fatca_implementation.txt · Last modified: 2019/11/18 20:43 by karen
Driven by DokuWiki Recent changes RSS feed Valid CSS Valid XHTML 1.0