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The ATO Plans Crack Down On Foreign Income Disguised as Gifts and Loans

The ATO Plans Crack Down On Foreign Income Disguised as Gifts and Loans

Sep 29, 2021 | Tax

The Australian Tax Office (ATO) has announced that it will be ramping up it’s audits and reviews of Australian-resident taxpayers who try to disguise foreign source income as it notices an uptick in such errant arrangements.  The ATO plans crack down on foreign...

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