The Australian Taxation Office (ATO) has announced the issuance of a new taxpayer alert for arrangements seeking to circumvent Division 7A.
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New Taxpayer Alert for arrangements circumventing Division 7A
Learn about arrangements involving private companies circumventing Division 7A that are attracting our attention.
We’ve released a new taxpayer alert, TA2024/2, to inform entities and their advisers about our concerns regarding contrived arrangements seeking to circumvent Division 7…