Tag #Ato

Showing 1 to 6 of 6 results

smh.com.au
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ATO Targets Unreported Gambling Winnings and Side Hustles

The Australian Taxation Office (ATO) is cracking down on unreported gambling income and other side hustle earnings, successfully using unexplained bank deposits as taxable income in recent Administrative Review Tribunal cases.

Progress

32% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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ATO Waives \$954,000 in Penalties for Keating-Linked Company

The Australian Tax Office waived \$954,000 in penalties and interest for a company linked to former Prime Minister Paul Keating after negotiations, raising concerns about the ATO's treatment of wealthy individuals.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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NSW Crime Commission Drops \$30 Million Confiscation Case Against Eddie Obeid

Former NSW Labor minister Eddie Obeid will not face asset confiscation for \$30 million received from a corrupt coal licence deal due to the difficulty of tracing funds and the risk of legal costs, despite public outcry, though the ATO is still pursuing the family for unpaid taxes.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Australian Whistleblower Spared Jail After Exposing ATO's Unethical Practices

Former Australian Taxation Office debt collection officer Richard Boyle was spared jail after exposing unethical debt collection practices in 2017, leading to reforms but also a seven-year legal battle that highlighted flaws in whistleblower protection laws.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
smh.com.au
🌐 75% Global Worthiness
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Australian Tax Record-Keeping Requirements for Work Deductions

This article details Australian tax record-keeping requirements for various work deductions for the 2024-2025 financial year, including travel, overtime meals, working from home, and vehicle expenses.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australian Inheritance Tax and Share Transfers

In Australia, inheriting shares usually avoids capital gains tax for the recipient, but the deceased estate might still face tax on asset sales to cover debts; this exemption impacts wealth distribution and estate planning.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 6 of 6 results