Tax assessment disputes require ‘satisfactory evidence’: AAT

Taxpayers disputing excessive tax assessments will need to do more than assert that it is wrong, says the Administrative Appeals Tribunal in a recent hearing.

by | Jun 23, 2021

Unregistered tax agent inflates tax deductions

Appearing before the tribunal last week, property developer Jason Behrndt objected to the ATO’s assessment of $470,000 in tax owed for the 2009, 2011, 2012 and 2013 financial years, arguing against the inclusion of deposits into his bank accounts as assessable income.

Read more at the Accountants Daily. 

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