The Project Wickenby cross-agency task force was established in 2006 to protect the integrity of Australia's financial and regulatory systems by preventing people from promoting or participating in the abusive use of secrecy havens to avoid tax in Australia.
The exposure draft proposes to allow taxation officers to continue to share taxpayer information with other Project Wickenby agencies, or a court or tribunal, until 30 June 2017.
On 31 July 2014, the Minister for Justice announced the Government had established the Fraud and Anti-Corruption (FAC) Centre to focus on serious financial crime in Australia.
The exposure draft also proposes to list the FAC Centre as a prescribed taskforce. This will enable taxation officers to share taxpayer information with other FAC Centre agencies on an ongoing basis.