The Board of Taxation, which advises the government on the development of tax policy, has embarked on a two-year program with the ATO to improve collection mechanisms and tax documentation across a range of industries. The work has been sanctioned by the Minister for Revenue, Kelly O’Dwyer. A prime focus is the $500 million sharing economy, which includes services provided through companies such as Airbnb and Uber.
Read the full story at The Australian.
