The Sydney Olympic Games included a team of tax officers who advised visiting athletes of any tax obligations and helped them in reclaiming GST reimbursements for their expenditure during the games.
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Fact 27
Tax evasion
When a person deliberately lies to the ATO to reduce their amount of tax payable by understating assessable income, overstating allowable deductions or incorrectly claiming tax credits and tax offsets. Tax evasion is against the law.
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