Missing puzzle

Tax office’s Project Do It ‘missed $4.3bn in revenue’

The peak national body for independent contractors has called for an inquiry into the Australian Taxation Office’s management of a tax project that it believes may have cost Australia up to $4.3 billion in lost revenue.

A research report prepared by Self Employed Australia says the ATO unveiled Project Do It soon after Switzerland agreed in 2013 to release details of Australians with secret bank accounts.

Read the full article at The Australian.

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