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Yachts, cars, horses: ATO’s fresh warning to 300,000 rich Aussies – Yahoo Finance Australia

Wealthy Australians who have made big-ticket purchases need to be on guard. Find out what the tax office has said.

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The ATO has its eyes on wealthy individuals, too. (Source: Getty)
Bought expensive art, luxury car, horse or private boat recently?
Watch out: the taxman has its eyes on you
.
Australian Taxation Officer assistant commissioner Tim Loh warned roughly 300,000…

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