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Tax avoidance

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How one of the world’s richest men could pull off a mega-tax dodge

How one of the world’s richest men could pull off a mega-tax dodge

The 10th-richest person in the US is worth $127 billion and is on track to pass on much of his fortune tax-free.

  • by Jesse Drucker

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Australians turned into money mules chasing crypto cash

Australians turned into money mules chasing crypto cash

Australia has the third-largest number of cryptocurrency ATMs in the world. They are being used to launder money for organised criminals.

  • by Shane Wright
The global giants costing Australia billions of dollars hit with a reality check

The global giants costing Australia billions of dollars hit with a reality check

They may not be breaking the law, but the taxes multinationals pay are not proportional to the profits they are raking in. That’s something laws passed earlier this week seek to change.

  • by Millie Muroi
Crackdown on oil and gas giants delivers nation billions in extra tax

Crackdown on oil and gas giants delivers nation billions in extra tax

A long-term effort by the ATO to get more tax out of the oil and gas sectors has paid dividends that are likely to deliver billions of dollars in extra revenue.

  • by Shane Wright
Budget bottom line goes up in smoke as black market reaps reward
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Tobacco

Budget bottom line goes up in smoke as black market reaps reward

Despite ever-increasing excise, tobacco taxes are falling short of forecasts and leaving a hole in the budget. Experts say a cut in tobacco tax may be needed.

  • by Shane Wright
Never mind negative gearing – this is the real steal

Never mind negative gearing – this is the real steal

Everyone seems to have an opinion on negative gearing, but the way the country taxes capital gains is costing a fortune and adding to house price pain.

  • by Shane Wright
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Tax attack could be next challenge for cash-strapped shoppers

Tax attack could be next challenge for cash-strapped shoppers

Shoppers have yet to dip into their stage 3 tax cuts to boost spending. And they may face a new problem – the tax man.

  • by Shane Wright
Where there are smokes there are fires: Inside Victoria’s tobacco war
Analysis
Naked City

Where there are smokes there are fires: Inside Victoria’s tobacco war

Property owners knowingly making money from an illicit source could find their income and the property subject to asset seizure.

  • by John Silvester
A bunch of ‘bunchers’: The tax-time trick the rich love to use

A bunch of ‘bunchers’: The tax-time trick the rich love to use

High-income earners are using trusts and self-employment to bring their “official” income down to avoid higher tax on their superannuation.

  • by Shane Wright
ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

Directors who have amassed large assets, such as trophy homes and flash boats, while not passing on collected taxes to the government, are some of the first in the firing line.

  • by Sarah Danckert
A bunch of bunchers – how people tweak their income to sneak below the tax rates

A bunch of bunchers – how people tweak their income to sneak below the tax rates

New research has revealed Australia is filled with people who use trusts and other quirks to pick their tax rate as wage earners pay full freight.

  • by Shane Wright

Original URL: https://www.brisbanetimes.com.au/topic/tax-avoidance-62x