The exterior of the Australian Government Taxation Office in Sydney Source: AAP
New international data sharing agreements are allowing the Australian Taxation Office to track money across borders and identify individuals not meeting their obligations. The A-T-O is asking taxpayers receiving foreign incomes to make sure they report it this tax time. They are concerned about Australians who are unsure how the system works.
New international data sharing agreements are allowing the Australian Taxation Office to track money across borders and identify individuals not meeting their obligations. The A-T-O is asking taxpayers receiving foreign incomes to make sure they report it this tax time. They are concerned about Australians who are unsure how the system works.