Finance News – Australian Taxation Office
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Jury finds Victorian business owner guilty of $87k tax scam
The court determined that the defendant unlawfully obtained a substantial refund from the tax authorities, impacting government revenue by nearly ninety thousand dollars through fr...
Read Full Article →What Queenie claims on tax as a content creator
The Australian Taxation Office increasingly monitors earnings from online activities, requiring platforms to disclose user revenues to ensure proper taxation of income derived from...
Read Full Article →ATO accused of dumping tax bill for ex-PM Paul Keating’s company
The Australian Taxation Office is facing scrutiny for allegedly forgiving approximately $1 million in penalties and interest tied to an investment firm once associated with former...
Read Full Article →91 millionaires paid no tax, ATO data reveals
In 2022-23, 91 Australians with incomes exceeding one million dollars did not contribute any tax, highlighting notable tax outcomes among the country’s wealthiest residents, partic...
Read Full Article →Australian court ruling could lead to $640M in Bitcoin tax refunds
A recent legal interpretation in Australia may redefine Bitcoin’s classification, which could result in substantial adjustments to previously paid taxes on digital currency transac...
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