Bottrell Accountants, Financial Planners & Tax Agents

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ATO gets set to target dividend washing

ATO gets set to target dividend washing Bruce Quigley, ATO Second Commissioner, has warned that people who enter into ‘dividend washing’ trades may face penalties under anti-avoidance legislation. Up until now, dividend washing has been a grey area in share trading, and has seemed to have been tacitly permitted, but that is all now changing. […]