The Australian Taxation Office (ATO) has announced the issuance of a new taxpayer alert for arrangements involving circular financing to claimed early-stage investor tax offsets.
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Early investors tax offset: new guidance released
We’ve released a new Taxpayer Alert in response to a new tax avoidance scheme being promoted in the community.
We’ve released Taxpayer Alert TA 2024/1 Early stage investor tax offset claimed using circular financing arrangements in response to a new tax avo…