The Australian Taxation Office (ATO) has announced the issuance of a new taxpayer alert for arrangements involving circular financing to claimed early-stage investor tax offsets. --- Early investors tax offset: new guidance released We’ve released a new Taxpayer Alert in response to a new tax avoidance scheme being promoted in the community. We’ve released Taxpayer Alert TA 2024/1 Early stage investor tax offset claimed using circular financing arrangements in response to a new tax avoidance scheme being promoted in the community. Under the scheme, an investment opportunity in a start-up company is promoted to individuals by the scheme operators. The...