The government’s Phoenix taskforce conducted about 340 reviews and audits in 2017-18, raising more than $270 million in tax liabilities and collecting more than $190 million in cash.
Read the full article at the Australian Financial Review.
Phoenixing is costing the economy as much as $5 billion a year through unpaid wages, invoices and tax bills, a new report claims, as the Turnbull government intensifies its crackdown on dodgy company directors.
by Shared by Australian Financial Review | 16 Jul, 2018
The government’s Phoenix taskforce conducted about 340 reviews and audits in 2017-18, raising more than $270 million in tax liabilities and collecting more than $190 million in cash.
Read the full article at the Australian Financial Review.
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