ATO launches campaign to target tax withholding on overseas royalties

ATO Launches Campaign to Target Tax Withholding on Overseas Royalties

ATO has embarked on a new campaign to target private wealth groups withholding tax on overseas royalties. The ATO’s International Risk for Private Groups Program has launched a campaign focusing on non-resident withholding tax relating to royalty expenses paid overseas for the 2019 and 2020 income years. Taxpayers who have paid royalties to a non-resident…
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