The Australian Taxation Office offered them an unrepeatable deal. Send in a cheque for, on average, around $45,000 and you can bring your $1.1 million home with no penalties, no interest and no back tax.
Read the full article at The Australian.
Tax office amnesty could prove to be a massive scandal
Just four years ago 5900 Australians each had an average of $1.1 million stashed in overseas countries, usually tax havens. In some cases it had been there a long time.
