Next 5,000 risk-based reviews

News Tax & Compliance Guidance

Date: 12th Dec, 2024 Source: Australian Taxation Office (ATO) Country: Australia Original Source

Brief

On December 12, 2024, the Australian Taxation Office (ATO) issued an update regarding Next 5,000 risk-based reviews. The ATO undertakes risk-based reviews to assess tax risks in privately owned and wealthy groups, focusing on key priority areas such as rapid business growth, offshore expansion, and wealth extraction.

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Australian Taxation Office (ATO)

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Brief

Australian Taxation Office (ATO)

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