Australian tax office scrutinizes high-value assets, aligning with global tax adjustments.

Concerns are rising in Australia over potential tax reforms, particularly regarding compliance and asset audits by the Australian Tax Office (ATO), which is targeting high-value assets. This scrutiny aligns with global trends, including Canada's recent capital gains tax increase and proposals in the U.S. and U.K. for tax adjustments. Investors are advised to proactively review their strategies and stay informed amid these evolving tax landscapes.

October 13, 2024
68 Articles