By finance reporters Elysse Morgan and Rebecca Hyam
Updated Thu 27 Mar 2014, 3:15pm AEDT
Photo: The tax office says Australians can avoid criminal charges for offshore tax evasion if they come forward now. (www.ato.gov.au/)
Related Story: Amnesty in the offing for offshore tax dodgers
Map: Australia
The tax office is calling on all Australians with offshore assets to declare their interests before a global crackdown on tax evasion.
The Australian Taxation Office (ATO) has launched project Do It, which was flagged back in January, and is aimed at providing a last chance for those who have not declared their overseas assets and income before the end of the calendar year.
The ATO says Australians can avoid criminal charges for offshore tax evasion if they come forward now.
Tax Commissioner Chris Jordan says there will soon be no such thing as a tax haven.
"Now, as governments around the world step...
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Does Australia pay company tax to the US? Or does our budget break even each year to avoid tax? How much do we pay the IMF and fo -
If the Govt. is so desperate for money all they need is abolish negative gearing and do away with exemptions for all foreign regis