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Bottle shops and restaurants can soon expect contact from the ATO and potential audit action as it looks to tighten its grip on the distribution and sale of illicit alcohol.
The ATO has now issued Taxpayer Alert TA 2021/1, in a warning to retailers such as bottle shops, bars and restaurants over the deliberate or reckless purchase of alcohol where duty has not been paid or otherwise properly acquitted by the manufacturer or distributor.
Read more at the AccountantsDaily.
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