how to minimise tax on share trades, page-15

  1. 23,060 Posts.
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    You falsify any tax return you like by claiming a deduction on things you didn't purchase etc.
    Many people run the gauntlet with the ATO.

    If you get audited though you may as jump out of the window because life as you knew it would be over.

    Why risk your life for a small return?

    If it is a big return then the likelyhood of it coming under the ato's nose increases.

    So to answer your question you could get away with it...maybe for ever...maybe not.

    Not worth the risk imo
 
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