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The Australian Taxation Office secured 174 criminal convictions for tax-related fraud in the last financial year, while the stunning trend of GST fraud popularised on social media suggests even more prosecutions are on the way.
The ATO on Wednesday revealed the final tally of its 2022-2023 enforcement actions pertaining to tax fraud, an eternal challenge for the federal revenue collection service.
In total, 177 prosecutions resulted in 174 criminal convictions and 11 custodial sentences, the tax office said.
The tax office raised over $2.1 million in fines as a result of those actions.
The ATO said those offences included classic tax crimes like money laundering and old-school offences like forgery.
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