Tax transparency measures included in Tax Laws Amendment Bill.

The article discusses private companies will need to disclose their tax affairs while international companies will need to prepare general purpose financial statements following amendments to the Australian federal government's Tax Laws Amendment Bill 2015. It mentions the views of Australian Member of Parliament Adam Bandt on the benefit of the Act to private companies to avoid paying their share of tax. It also mentions the views of Australian senator Peter Whish-Wilson on the same.