A lawyer covertly recorded telling his co-conspirators theirs was "the biggest tax fraud in Australia's history" has been jailed for at least nine years for his discreditable conduct.
The end of financial year is almost here, which means a lot of Australians are turning attention to their tax return as a way to get a welcome boost to their hip pocket amid the cost of living crisis.
"While you can lodge from July 1, there is a much higher chance that your return will be missing important information if you lodge your return before late July," ATO Assistant Commissioner Tim Loh explained.
Aussies are being urged to remain vigilant in the lead up to tax time as new and "aggressive" scams emerge claiming to be from the Australian Taxation Office (ATO).
The deal ends a long-running Justice Department investigation into Biden's second son, who has acknowledged struggling with addiction following the 2015 death of his brother Beau Biden.
The opportunity to get an extra few hundred dollars from a tax return is a welcome prospect for the millions of Australians struggling with the cost of living crisis.
A major corporate crisis has engulfed PwC Australia after the shocking revelation a senior company figure leaked highly confidential government tax information to key personnel, helping the firm earn millions.
The ATO has vowed to crack down on landlords submitting dodgy tax returns, after a recent review found nine in 10 made mistakes and wrongfully claimed expenses.
Truck drivers are about to get hit with a steep tax rise, in what they say will create a 'domino effect' that could bring the already-strained industry to its knees.
This budget will see the end of the low and middle-income tax offset, while stage three tax cuts will be retained. Here's how much you will be better or worse off after the changes.
The increased tax has been described as the equivalent of two Reserve Bank interest rate rises by experts, but economists also say it will save long-term pain.
A South Australian District Court Judge ruled against Richard Boyle's claim that his actions were consistent with the Public Interest Disclosure Act, rendering him immune from prosecution.
On Tuesday, after seven weeks of deliberations, jurors found Adam Michael Cranston, Dev Menon and Jason Cornell Onley guilty for their role in the Plutus Payroll scheme which netted over $105 million that should have gone to the Australian Taxation Office.
Electronics entrepreneur Dick Smith has called for greater tax rates on the nation's highest earners following the Government's proposed super changes.
Treasurer Jim Chalmers has defended the government's proposed tax hike on wealthy superannuation funds, saying it's about being upfront with voters, not breaking an election promise.
Superannuation is the word on the street as the Albanese government announced changes to the way tax concessions work but it won't come into effect for years.
Congress released six years' worth of former US President's tax returns, the culmination of a years-long effort after the business mogul broke decades of political norms.
The ex-US President reported a stunning reversal of fortune during the middle of his presidency that led to a considerable tax bill, while the IRS failed to pursue mandatory audits on a timely basis, a congressional panel found.