There is no provision in the tax return to declare the gifts and...

  1. Phalanx922
    8 Posts.
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    05/09/20
    20:11
    Post #: 47116206
    There is no provision in the tax return to declare the gifts and there is no obligation to report these transactions
    Just keep a record of these transactions just in case ATO asks for the source of funds and the relationship.
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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