The taxman aims high

Article Abstract:

The Australian government is scrutinizing the tax payment of wealthy people. People are suspected of creating artificial tax losses, manipulation of purchase and sale prices, and tailored tax avoidance schemes in order to avoid Capital Gains Tax (CGT) on profits from the sale of assets. Many problems with inadequate guidelines on tax are also one of the reasons for non-payment of tax.

Powers and duties, Tax policy, Tax evasion, Administrative agencies, Government agencies

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Watching the wealthy

Article Abstract:

The Australian Taxation Office (ATO) high wealth individualEs taskforce concentrates on ATO Rich 600 individuals personally, as well as the many thousands of trusts, companies and partnership under their control. The working of this office is discussed.

Management dynamics, Management, Company business management, Australia. Australian Taxation Office

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Secrets of the super rich

Article Abstract:

The nine tax avoidance strategies of the rich are examined.

Strategy & planning, Methods, Planning, Tax planning, Company business planning

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