The behaviour has been flagged as an emerging risk by the Australian Tax Office, which published a taxpayer warning on Tuesday.
Read the full article on the Australian Financial Review.
The Tax Office has caught several large superannuation funds using complex financial arrangements to unlawfully bank $50 million in extra franking credits without taking on any real commercial risk.
by Shared by Australian Financial Review | 14 Feb, 2018
The behaviour has been flagged as an emerging risk by the Australian Tax Office, which published a taxpayer warning on Tuesday.
Read the full article on the Australian Financial Review.
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