'Bottom of the harbour' schemes were a form of tax avoidance used in Australia in the 1970s. The 'harbour' referred to was Sydney Harbour, which was near the financial district. Participation in the schemes was made a criminal offence in 1980.
Step 1 of 6
Take the Pre-test: How much do I know about tax? quiz first to find out how much you already know about tax and then start this lesson to discover some of the underlying issues relating to tax.