Original article by Nassim Khadem
The Australian Financial Review – Page: 10 : 14-Aug-14

The Australian Taxation Office (ATO) intends to crack down on taxpayers who engage in so-called "dividend washing". The tax agency issued warning letters in March 2014, which prompted some 1,300 recipients to make voluntary disclosures. It will shortly follow this up with further letters to taxpayers who failed to respond. The ATO has warned that taxpayers who ignore the letter could be audited and face large tax penalties

CORPORATES
AUSTRALIAN TAXATION OFFICE, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY