Show the suggested actions to address phoenix activity, Business Law and Ethics

Assignment Help:

Q. Show the Suggested actions to address phoenix activity?

There have been a range of options identified by previous works on phoenix activity, such as the Cole Inquiry and Treasury's Action Against Fraudulent Phoenix Activity:

Proposals Paper.

In consultations with stakeholders a range of cross agency, FWO and legislative options for addressing phoenix activity were discussed.

These options, as well as the feedback received, are summarised in section 5.2. Actions have been suggested based on:

-  stakeholder feedback

-  the scale of the problem

-  the potential to be successful in mitigating phoenix activity.

The suggested actions are primarily cross agency. This is because the ATO, ASIC and FWO all work in the space of phoenix activity. Therefore, any successful strategy to address phoenix activity will involve all the agencies. A range of suggested actions for the FWO to address phoenix activity are also detailed due to the significant impact of phoenixing on employees.


Related Discussions:- Show the suggested actions to address phoenix activity

#title., What is hire purchase?

What is hire purchase?

Significance of registration, Significance of Registration:           ...

Significance of Registration:           S.389 provides that "no company or association or may partnership consisting of more than twenty persons shall be formed... except it i

Contract for work and materials, Contract for Work and Materials In Ro...

Contract for Work and Materials In Robinson v Graves a dispute arose over an agreement below such an artist had promised to make a portrait about 250 guineas. So query had to

Safety and health officer in an organization, QUESTION 1 What are the d...

QUESTION 1 What are the duties of an Occupational, Safety and Health officer in an organization? QUESTION 2 Section 47 (1) of the Occupational, Safety and Health Act st

Voidable allotments - allotment of shares, VOIDABLE ALLOTMENTS: An all...

VOIDABLE ALLOTMENTS: An allotment of shares is voidable if it is made in breach of- a)      Section 49 (1): by having been made before the minimum subscription was raised o

C.i.f. contacts - import and export trade, C.I.F. Contacts - Import and Exp...

C.I.F. Contacts - Import and Export Trade Therefore a c.i.f. like cost, insurance else freight whether contract is a contract for the sale of goods for be performed through the

Determine the kinds of advocacy tactics, Determine the kinds of advocacy ta...

Determine the kinds of advocacy tactics The kinds of advocacy tactics employed by policy entrepreneurs in setting agendas and generating support for their proposals may often

Explain how this power conferred on the fsc is exercised, QUESTION 1 Th...

QUESTION 1 The Financial Services Commission (FSC) is the licensing authority for businesses operating in the Global Business sector. By referring to the Global Business Catego

Determine the cash flows of the swap, Question : (a) Show how a party c...

Question : (a) Show how a party can terminate a forward transaction prior to maturity? (b) Suppose a forward Rate Agreement that: Expires in 30 days Is based on a n

Disadvantages of stare decisis - rigidity, Disadvantages of Stare Decisis -...

Disadvantages of Stare Decisis - Rigidity However the case law method of administration of justice has been criticized on the grounds which it leads to rigidity because the di

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd