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ATO Publishes Update Guidance on What Attracts Its Attention

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has published updated guidance on What attracts our attention, explaining the behaviors, characteristics, and tax issues that attract the ATO's attention.

This includes a broad list of behaviors and characteristics of privately owned and wealthy groups that may attract the ATO's attention:

  • Tax or economic performance not comparable to similar businesses;…