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Tax avoidance

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Treasurer Jim Chalmers on Wednesday.

Coalition shuts down deal on super tax, accusing Chalmers of ‘shooting the messenger’

Since Labor’s election win, criticism has grown of the government’s attempt to raise the tax on superannuation balances above $3 million.

  • Paul Sakkal and Shane Wright

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Treasurer Jim Chalmers is facing strong pushback for his long-standing plan to change tax arrangements for large superannuation funds..

‘Hundreds of thousands’ could be caught in Chalmers’ super tax

It’s sold as just a “modest” hit to 80,000 wealthy retirees. But a leading tax expert says Jim Chalmers’ superannuation changes will quickly affect far more.

  • Shane Wright
The Tax Office says people making claims should be asking themselves whether their deductions pass the “pub test”.

Sprung! The wildest claims people have made on their tax returns

From air fryers to swimwear and $10,000 in luxury-branded clothing, here are some of the strange claims the Tax Office has to sort through.

  • Millie Muroi
Sam Fayad with his wife Maria, who is the sister of Dyldam founder Joe Khattar.

Sydney’s Fayad family, a $3b trail of debt and their new plan to avoid creditors

Controversial property developer Sam Fayad has attained the unfortunate record of what is believed to be the largest bankruptcy in Australian history.

  • Kate McClymont
Former Treasury boss Ken Henry says the tax system is deliberately designed to hurt young people and future generations.

‘Wilful act of bastardry’: Henry condemns tax system for crushing young Australians

Former Treasury boss Ken Henry says a succession of governments have used the tax system to deliberately hurt young people, propping up the old and vested interests like mining.

  • Shane Wright
The ATO is cracking down on landlords who don’t declare, or incorrectly declare, rental income.

The ATO’s new move to claw back more than $1b from dodgy landlords

Landlords who have made mistakes on tax returns could face thousands of dollars in fines and interest on top of repaying unpaid tax.

  • Jim Malo
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Nvidia CEO Jensen Huang at the Dreamforce conference in San Francisco.

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.

  • Jesse Drucker
Crypto ATMs such as these are being used to launder money and scam Australian “money mules”.

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.

  • Shane Wright
Apple's weak sales figures this week scared investors.

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.

  • Millie Muroi
A crackdown on the tax arrangements of oil and gas companies has delivered the federal budget a $4.3 billion windfall.

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.

  • Shane Wright

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