The grandfathered list

A secret list protects 1500 Australian companies from having to disclose any tax information to regulators. If you own a company on this list, you get complete tax secrecy. I read Heath Aston in the SMH on this last week; he says as a result, there’s an underground economy in buying and selling these valuable company names.

I got word of one of these deals going down and went down to Melbourne’s legal district to secretly record the trade.

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