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Dodgy tax claims costing the budget billions

If you’re sitting down to do your income tax return you may not want to ‘gild the lily’ too much.

The Australian Tax Office has released figures that show dodgy claims cost the budget almost $9 billion and it will be close attention to people’s claims.

The figure is more than three times the tax avoided by multinationals.

The head of Tax Policy for CPA Australia Paul Drum tells Ben many dodgy claims are accidental but by no means all.

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