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ATO Providing Ongoing Support for Large Businesses for COVID-19 Including Penalty Remission for Significant Global Entities

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) issued a notice on 22 July 2020 regarding ongoing support for large businesses in light of the ongoing effects of COVID-19, including an extension of the automatic remission of failure to lodge on time penalties for significant global entities (SGEs).

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Ongoing support for large businesses

As we continue to deal with these unprecedented times, we unde…

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