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Tag Archives: ATO
Corporate insolvency update: Director Penalty Notice changes
In an earlier post we raised the possibility of changes to the law concerning Director Penalty Notices. The Treasury released its exposure draft of the proposed legislation for public consultation late yesterday. The object of the legislation is to address … Continue reading
Possible changes to Director Penalty Notice regime
In the recent budget, the Commonwealth government addressed the issue of fraudulent phoenix activity and proposed a number of law changes to strengthen the ability of regulators, particularly the Australian Taxation Office, to deal with such activity. Phoenix activity involves … Continue reading