Australia's tax authority is cracking down on high-earning professionals and skilled workers exploiting family trusts to slash their tax bills. This aggressive compliance push signals regulators worldwide are tightening oversight on complex entity structures—a trend crypto investors using similar setups should watch closely.
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MerkleMaid
· 12-03 00:15
It seems that the tax bureau has finally started to pay attention to these old traps... those on the web3 side should be careful with similar structures, as the risks are indeed increasing.
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UnluckyMiner
· 11-30 03:51
The tax avoidance strategy of family trusts has come under the scrutiny of the Australian Taxation Office. How are we in the crypto world still playing with those complex structures...
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CodeZeroBasis
· 11-30 03:50
The Australian Taxation Office has really become strict; now those pros who use family trusts to evade taxes need to be careful. That said, shouldn't we in the crypto world also reflect on those complicated structures we have been using...
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DevChive
· 11-30 03:46
Coders are often played people for suckers, but they are still messing around on-chain to evade taxes, haha it's killing me.
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BoredRiceBall
· 11-30 03:24
The Australian tax authority's move... forget it, sooner or later it will come to us, the family trust trap won't last long.
Australia's tax authority is cracking down on high-earning professionals and skilled workers exploiting family trusts to slash their tax bills. This aggressive compliance push signals regulators worldwide are tightening oversight on complex entity structures—a trend crypto investors using similar setups should watch closely.