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ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium

ATO boss Chris Jordan allegedly paid 'little or no income tax' while at KPMG

N
Nassim Khadem
ATO boss Chris Jordan allegedly paid 'little or no income tax' while at KPMG
AI Summary

Former Australian Taxation Office commissioner Chris Jordan is facing allegations of tax avoidance and promoting illicit schemes during his tenure at KPMG in the 1990s and 2000s. Parliamentary documents suggest he may have hidden income in offshore accounts, sparking a significant integrity scandal.

Why it matters

The allegations undermine public trust in the leadership of national tax collection agencies and highlight corporate governance failures.

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Former taxation commissioner Chris Jordan worked at KPMG in the 1990s and 2000s. ( ABC News: Mark Moore )

Documents reveal allegations former KPMG partner Chris Jordan hid money in an offshore bank account to avoid paying tax in the late 1990s. Jordan went on to become the Australian Taxation Office commissioner.

Link copied Share Share article A former KPMG partner who went on to lead the Australian Taxation Office (ATO) for more than a decade, Chris Jordan, is alleged to have avoided paying tax during his time at the firm, according to documents seen by ABC News.

Mr Jordan also allegedly "promoted tax schemes to clients" and received $1.2 million in "illicit and secret" commissions during his time at KPMG.

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