22 November 2019
Heard about a tax arrangement that sounds too good to be true?
Tax planning is acceptable, as long as it’s within the intent of the law. But sometimes dodgy promoters recommend arrangements that involve the deliberate avoidance of tax.
Be on the lookout for promoters who:
The way an arrangement is financed and structured can also raise red flags, such as:
It pays to be careful. If you’re caught up in a tax exploitation scheme, it could result in additional tax and financial penalties.
If you see a tax scheme that seems suspect, or you think you might be involved in a scheme, make a tip-off to us.
Remember, registered tax agents can help you with your tax.
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