On 22 April 2016, the Australian Senate Economics References Committee issued its second report as part of an inquiry into the matter of corporate tax avoidance and aggressive minimization in Australia ({News-2015-08-20/P/3- previous coverage}). The report covers several issues, including transparency, transfer pricing, debt-related deductions, corporate structuring and others. To address the issues, the report reiterates certain recommendations from the first report and makes new recommendations, including: Implementing a mandatory tax transparency code where Australian corporations and subsidiaries of multinationals with annual turnover above an agreed to figure would be required to publicly report financial information on revenue, expenses, tax...