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Thousands of tax debt defaults ‘in the pipeline’

Thousands of tax default referrals worth millions of dollars to the ATO are expected before the end of the year, according to the only credit bureau currently processing them.

Thousands of tax debt defaults ‘in the pipeline’
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Thousands of tax debt defaults ‘in the pipeline’

Creditor Watch chief executive Patrick Coghlan said the ATO had warned that it would ramp up disclosures of taxpayers owing $100,000 or more after starting the process a month ago.

Read more at Accountants Daily

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