Miscellaneous 2020

Kimberley capers: An outback whodunnit?

Source: The Tax Specialist Journal Article

Published Date: 1 Jun 2020

 

In November 2019, a sequel to the mass-marketed tax avoidance schemes of the 1990s appeared in the West Kimberley region of Western Australia. The Australian Broadcasting Corporation ran a series of articles revealing how hundreds of disaffected and isolated taxpayers engaged in a tax scam potentially involving tens of millions of dollars. In itself the scam was short, sharp and almost trivial, compared to the billion dollar mass-marketed tax avoidance schemes which involved over 40,000 taxpayers nationwide and took years to evolve and settle. The sideshow was over almost before it started, and nearly went unnoticed from a national perspective. However, the when, what, where and how are not the key elements of this article " it is the who and why that are investigated. This article is an overview of what can go wrong when taxpayers feel disaffected and isolated from their government.

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