TikTok Trend Takes Australia for a $1.2 Billion Ride
TikTok is known for viral dances, not tax advice. Yet the Australian Taxation Office (ATO) has confirmed a massive GST refund fraud linked to social media “money hacks”. ATO guidance on GST refund fraud explains how fake ABNs and sham BAS lodgements were used to obtain unlawful refunds. Media coverage reported losses in the billions […]
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