Original article by Simon Benson
The Australian – Page: 1 & 4 : 23-Jan-19
The federal government is planning a tax crackdown on the 11 million Australians who earn income from platforms such as Uber and Airbnb. It is estimated that income from shared-economy platforms now totals around $15bn a year, but at present the Australian Taxation Office is not able to determine the extent of underpayment or non-payment of tax on such income. The government proposes the introduction of a mandatory tax liability reporting regime for people who work in the shared economy. It will release a discussion paper on the issue on 23 January.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, UBER AUSTRALIA PTY LTD, AIRBNB AUSTRALIA PTY LTD, AUSTRALIAN TAXATION OFFICE, AIRTASKER PTY LTD, DELIVEROO AUSTRALIA PTY LTD, UBER EATS