This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here. favicon LAWANDTAX-NEWS.COM
HOME | CONTACT | RECRUITMENT | ABOUT | LEGAL | PRIVACY & COOKIES Join us on Twitter Lowtax Facebook page Join our discussion on LinkedIn Join us on Google+ Delicious Subscribe to the Tax-News RSS Feed


Articles »

Country Home Pages

British Virgin Islands
Hong Kong
Isle of Man
South Africa

Daily Tax Quote

Lowtax Network Sites
Lowtax Network Portal: 'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day.
Expat Briefing: A free online publication serving international expatriates and featuring world news, forums, events, in-depth country information and reliable investment and personal taxation guides.
Law & Tax News: Daily news and background data on tax and legal developments for international business.
Offshore-e-com: A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of the web's largest and most authoritative business and investment information sources.
US Tax Network: The resource for free online US taxation information, covering: corporate tax, individual tax, international tax, expatriates, sales and e-commerce tax, investment tax.
Offshore Trusts Guide: OTG publishes news, features and newsletters on the use of offshore trust structures.
TreatyPro: Online tax treaty resource.
Global Incorporation Guide [GIG]: A BSI / Lowtax Network international business smart tool.
Australian Tax Agency Pursuing Unreported Income From Gangs

by Mary Swire,, Hong Kong Wednesday, May 17, 2017

The Australian Taxation Office (ATO) has participated in a "week of action" in which it targeted tax evasion among motorcycle gangs.

The ATO collaborated with the Australian Federal Police and state and territory police on the initiative. It issued notices for service last week to members of the Outlaw Motor Cycle Gangs (OMCGs) for failure to comply with their tax obligations, including the correct lodgement of returns, payment of taxes, and the reporting of income.

The ATO explained that to date, almost half of the notices have been served, including 11 notices for tax debts totalling nearly AUD4m (USD2.96m). The remaining notices will be served over the coming weeks.

The ATO is a participant in Operation Morpheus, a joint agency taskforce aimed at the detection, deterrence, and disruption of OMCGs and their members. In 2015-16, the taskforce targeted 668 taxpayers and raised liabilities of AUD13.3m. A total of 193 tax returns were secured with AUD5.9m in cash collected, 35 people prosecuted for non-lodgment, and a further AUD55,000 raised in prosecution fines.

An ATO spokesperson said: "An unprecedented level of available data and data-matching programs has increased our capacity to bring to light illegal activities that might previously have fallen under the radar. We investigate all serious tax-related fraud offences, and share information with our Commonwealth partners. Where the evidence warrants it, we refer cases to the Commonwealth Director of Public Prosecutions for prosecution."


One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.


Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.

Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at and he will put you in touch with your regional rep.

News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

Customised, personalised 'own-brand' news services
Newsletter content and management
News Headlines Tickers

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at and he will put you in touch with your regional rep.

Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.

All rights reserved. © 2017 Wolters Kluwer TAA Limited

All content on this site has been provided by BSIRN.