A new report released earlier this month has found ‘unusual’ tax practices being adopted by various multinationals who are currently providing outsourcing services to the Australian Taxation Office (ATO). It is alleged these companies who provide the labour to run various call centres for the ATO and Centrelink are setup in tax havens around the world, thus paying minimal Australian tax.
As a result of the above, a call is being made for the ATO to undertake closer scrutiny into entities that provide services to the ATO.
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Author
Kim Jay
