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Outgoing Australian Taxation Office (ATO) commissioner Chris Jordan says he is “unapologetic” about the tax office’s shift to take stronger action to recover debt from small businesses, making it clear he is determined to not take his “foot off the pedal” during his last six months in the role.
In an address to the Tax Institute’s Tax Summit in Melbourne today, Jordan said making a dent in the ATO’s debt book is “front of mind” and small businesses “continue to be over-represented” in that debt book.
Of the $50.2 billion in collectable debt owed to the ATO, small businesses account for more than $33 billion, said Jordan.
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