Labor announces planned doubling of penalties for tax avoidance schemes 1

Labor announces planned doubling of penalties for tax avoidance schemes

The opposition is proposing a hefty increase in penalties for those found marketing tax avoidance schemes, should they win the next election. In recent years the Australian Taxation Office has begun a crackdown on accountants and lawyers who are found to promote tax avoidance schemes to their clients. Corporate entities can face fines of up […]

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