In response to the Black Economy Taskforce’s Final Report, the former Government announced a range of measures to tackle the shadow economy including a commitment that specified Commonwealth Government procurement processes will exclude businesses that do not have a satisfactory tax record.  

The Government is demonstrating best practice by ensuring businesses that provide goods and services to the Government participate with the Australian tax system by providing a satisfactory Statement of Tax Record (STR). 

This policy covers:

• Purpose of the policy
• Commencement and threshold
• Overview of the application of policy
• Policy Requirements
• Statement of Tax Record
• Applying the rules to new and foreign tenderers
• Applying the rules to subcontractors
• Applying the rules to partnerships, trusts, joint ventures and tax consolidated groups
• Panel Arrangements
• Accountability and Transparency
• Roles and Responsibilities