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The ATO Audit the Country Club

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    Part 1 - Intro
    DTCope ignited the PoolBoys interest when he uttered the Word.. TAX... in another thread and what better topic than to raise the eyre of the Country Club members...
    DISCLAIMER ... My alter ego is a registered tax agent / accountant and you guessed it nerd. The following and anything I say should not be taken as advice and you should seek the advise of an agent / accountant before implementing a tax strategy as everybodies circumstances are different... Tax is a complex beast.
    i will revisit this as I don’t have time to get everything in one post so this will start the thread and I will be back.

    For any other accountants / Tax nerds please feel free to chime in happy for this to be free flowing and welcome adverse opinions etc..

    There is nothing wrong with tax planning so as to legally minimise the Tax you are paying. Our tax system is built to take from the rich and distribute to the government such that people who work hard / get educated / risk their hard earned capital get taxed proportionally more. Does that seems fair?

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