Reference https://www.ato.gov.au/Business/Privately-owned-and-wealthy-groups/What-you-should-know/Tax-performance-programs-for-private-groups/Top-500-private-groups-tax-performance-program/ https://www.ato.gov.au/Business/Privately-owned-and-wealthy-groups/What-you-should-know/Tax-performance-prog...
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Reports the tax avoidance raid conducted by the Australian Taxation Office (ATO), headed by Michael O'Neill. Utilization of document scanners and databases to investigate tax schemes; Tips on checking the tax regulations imposed by the ATO; Discussion on the raid conducted on theater/film ...
the Tax Agent Portal, BAS Portal and Business Portals are up and running and we are seeing continued improvements in their functionality. We are continuing to work on the stabilisation of ATO Online services.
“transfer pricing benefit”. The determinations substituted a lower “arm’s length” amount of interest for the actual interest STAI had claimed deductions for in the 2011, 2012 and 2013 tax years. STAI objected against the amended assessments that followed, but the objections were di...
Does Your Business Need to Be Registered for GST? ATO Ready to Chase Up 2010/11 Tax ReturnsTHE ATO is issuing letters this month to those who, in their 2010 or 2011 income tax returns, had a total business income above $75,000 and are not registered for GST....