ATO cracking down on fraudulent investors | Professionals Christies Beach RLA266739 - Your real estate professionals in Christies Beach, Morphett Vale and surrounding areas in South Australia

ATO cracking down on fraudulent investors

Christies Beach Blog | Investment Information 14th December, 2017 No Comments

I stumbled across this article that I thought I would share with our readers.

I’m not sure if this would apply to any of our clients (hopefully not) but it is interesting none the less.

The article discusses the ATO employing strategies to catch out investors who fraudulently claim that their property is vacant.

“In one of a series of interviews with The Australian about ATO priorities, tax commissioner Chris Jordan said the ATO will be looking closely at the practise of declaring rented properties vacant. He said the tax office will go so far as to monitor real estate agent, electricity and gas records to identify fraudulent claims.”

Click here to read.

 

Follow the Professionals Christies Beach real estate blog for more interesting articles.

<<<Previous article

Next article>>>

 

ATO cracking down on fraudulent investors

14/12/2017

Article posted by Melissa Chaplin

 

 

Google+