Trust tax court decision unleashes another bombshell

“The unfinished business of reforming trust tax laws has come back to haunt the government; it was not that long ago that the government had to make some hasty complex changes to trust laws following the land mark Bamford case,” said IPA chief executive officer,...
Tax officers struggling as scammers up the ante

Tax officers struggling as scammers up the ante

In 2016, the Australian Taxation Office received 105,469 scam reports with 95 per cent being for the ‘Fake Tax Debt’ telephone scam.More than $2.7 million was reportedly paid to scammers with 6,435 individuals divulging personal information to the scammers.An ATO...