Issue 103 – The Newsletter

James Murphy

The Newsletter ATO RECEIVES FIVE MORE YEARS OF POLICY DETAILS FROM INSURERS ABOUT “LIFESTYLE ASSETS” LIKE YACHTS, FINE ART etc… On 18 December 2019, The Australian Taxation Office (ATO) revealed it will be requesting a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high value motor vehicles ...

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