The introduction of company director identification numbers to help prevent the deliberate liquidation of companies to avoid paying workers’ entitlements and tax is being considered by the federal government.
A Federal Treasury spokeswoman told Fairfax Media the introduction of a director identification number had been recommended by a Productivity Commission inquiry and a Senate economics committee inquiry into insolvency in the construction industry and was being considered.
“The government is considering its response to these reports,” the Treasury spo…
Read the full article at: http://www.smh.com.au/business/workplace-relations/tougher-company-director-id-requirements-under-spotlight-20170604-gwk3nm.html