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The Australian Taxation Office (ATO) is an Australian statutory agency and the principal revenue collection body for the Australian Government. The ATO has responsibility for administering the Australian federal taxation system, superannuation legislation, and other associated matters. Responsibility for the operations of the ATO are within the ...
Between 1961 and 1994 the designation of the Australian representative in South Africa changed from high commissioner to ambassador. [2] On 9 July 1973, ambassador Colin Moodie received non-resident accreditation as Australia's first high commissioner to Botswana, Lesotho and Swaziland.
A tax offset is a reduction in the amount of tax an eligible taxpayer owes in a given income year. The Australian Taxation Office (ATO) offers various tax offsets to provide targeted assistance to different groups of taxpayers, encouraging certain behaviours or helping those in specific situations.
Carmody joined the ATO in Melbourne in 1968, later moving to the ATO's National Office in Canberra in 1973. There he was involved in a wide range of taxation issues, including tax avoidance, legislation and tax reform. In 1983, Carmody relocated to Sydney where he assumed the role of First Assistant Deputy Commissioner.
Michael Cranston was an ATO employee for over 40 years, the last period as Deputy Commissioner for Private Groups and High Wealth Individuals. In the role he was responsible for tax compliance of private group businesses and High Wealth Individuals.
Income taxes are the most significant form of taxation in Australia, and collected by the federal government through the Australian Taxation Office (ATO). Australian GST revenue is collected by the Federal government, and then paid to the states under a distribution formula determined by the Commonwealth Grants Commission.
The first U.S. income tax to include U.S. citizens living overseas dates to 1862, but the first law to authorize taxation of former citizens was passed over a century later, in 1966. The 1966 law created Internal Revenue Code Section 877 , which allowed the U.S.-source income of former citizens to be taxed for up to 10 years following the date ...
Australian exports to South Africa totaled A$2 billion, mainly consisting of aluminum ores, minerals and machinery. [20] South African exports to Australia totaled A$1.8 billion and consisting of passenger motor vehicles, other ores & concentrates, machinery and parts, and pig-iron. [20] Australia is South Africa's 15th largest export destination.