Cherry-picking tax avoidance

Cherry picking tax avoidance was a form of tax avoidance used in Australia in the 1970s and early 1980s. Company contributions to a superannuation fund were claimed as tax deductions, but the money immediately went back to the company.

Source: Wikipedia — Cherry-picking tax avoidance (CC BY-SA 4.0)

Cherry-picking tax avoidance

Cherry picking tax avoidance was a form of tax avoidance used in Australia in the 1970s and early 1980s. Company contributions to a superannuation fund were claimed as tax deductions, but the money immediately went back to the company.

Source: Wikipedia "Cherry-picking tax avoidance" · CC BY-SA 4.0

Share this article: X · Bluesky
Privacy Policy