Wealth Hidden, Tax Evaded: Strategies for Revelation

Abstract

The Australian Transaction Reports and Analysis Centre, known more widely under its acronym AUSTRAC, is both specialist anti‐money laundering regulator and financial intelligence unit. As such, it has a keen interest in hidden wealth and an ever keener interest in uncovering it. AUSTRAC's mission is to contribute to a financial sector hostile to crime. As a financial sector regulator, it encourages transparency and honesty. As a financial intelligence unit, the job is to assist law enforcement and revenue agencies to uncover hidden illegitimately gained wealth and to detect evaded taxes.

Citation

Montano, E. (2002), "Wealth Hidden, Tax Evaded: Strategies for Revelation", Journal of Money Laundering Control, Vol. 5 No. 4, pp. 263-267. https://doi.org/10.1108/eb027306