September 11, 2023
The Australian Taxation Office’s ‘Operation Protego’ was established to combat GST fraud activity.
Mr Justin McCormick, from Perth WA has been sentenced in Perth District Court to two year’s imprisonment (parole after 21 months) after he was found to have obtained almost $110,000 in fraudulent GST funds contrary to s134.2 of the Criminal Code (Cth).
Conditions of release include repayment of the amounts fraudulently obtained.
It was found that Mr McCormick did not have a business, and claimed GST on purchases that were never made.
The ATO has taken action against more than 56,000 alleged offenders, with $300 million in penalties and interest having been issued to date.
You can view the ATO’s media release HERE.
businessfusion.au 