NewsBite

ATO

Advertisement
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

Latest

Child support payments could be transferred to the Tax Office to better enforce the scheme.

Australia has $1.7b in unpaid child support. These MPs have a plan to claw it back

An eight-month parliamentary inquiry heard that unpaid child support was being used as a form of financial abuse.

  • Hamish Hastie
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
Moxin Reza said

‘Painful, tedious’: This is what it is like to have your tax return audited

The first audit shocked Moxin Reza, but the second time, he was ready.

  • 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

‘Scary’: Why US expats are tossing their citizenships – and it’s not just Trump

Becoming un-American is complicated and expensive – yet in recent times, a rising number have embraced the “ex” in “expatriate”.

  • Jenna Price
Advertisement
Federal independent MP Monique Ryan has called for better checks and balances for the compassionate release of superannuation scheme.

‘Far too loose’: Calls for crackdown on early access to super scheme after claims of abuse

The early release of super allows chronically ill patients to withdraw their retirement savings to pay for certain medical procedures, but there are growing concerns it’s open to abuse.

  • Sumeyya Ilanbey and Henrietta Cook
Sauce Brewing Co founder and CEO Mike Clarke said the ATO’s ruling would stifle innovation at a time when craft beer brewers were already struggling to compete against two industry giants.

Is a seltzer a beer? The Tax Office is trying to figure it out

When is an alcoholic beverage a beer? Here’s how brewers say a tax tweak could send some zany craft brews down the drain.

  • Millie Muroi
Forget the argument over negative gearing. The capital gains tax concession needs change.

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.

  • Shane Wright
Chirayu Shah and his two boys, Vivaan, 13, and Aarin, 9 at their Baulkham Hills home.

Property investors are hardly hard done by

I cannot feel sorry for Chirayu Shah and his poor, hard-done-by sons. He and others like him who are rich enough to put their spare cash into investment properties have been enjoying massive tax concessions for years.

Original URL: https://www.watoday.com.au/topic/ato-jl0