Tag: entities
PJCIS demands 23 changes before foreign entities get Australian data under IPO regime
[ad_1] The Parliamentary Joint Committee on Intelligence and Security (PJCIS) has recommended the passage of the Bill that would pave the way for Australia to share communications data with other countries, but only if the government implements the 23 other recommendations it has made. The Telecommunications Legislation Amendment (International Production Orders) Bill 2020 (IPO Bill), if…
Tax transparency moves forward as no or only nominal tax jurisdictions first exchange information on the substance of entities
[ad_1] 31/03/2021 – Twelve no or only nominal tax jurisdictions1 began their first tax information exchanges today under the Forum on Harmful Tax Practice’s (FHTP) global standard on substantial activities. The standard ensures that mobile business income can no longer be parked in a low tax jurisdiction without the core business functions being carried out…
Critical infrastructure entities warned to prepare for cyberattacks
[ad_1] The FBI and Cybersecurity and Infrastructure Security Agency said Tuesday evening that critical infrastructure entities need to take precautions immediately in case cyberattackers target them next, following the attack on Colonial Pipeline. The federal officials urged those operating critical infrastructure to “adopt a heightened state of awareness,” implement “robust segmentation” between information technology and…