ATO’s debt book grows to more than $53 billion as boss Chris Jordan faces Senate Estimates – ABC News

generic picture of Australian bank notes

The ATO’s debt book has hit another record and pressure is building on the agency to claw back this debt The COVID-19 pandemic resulted in net tax collections dipping over the past financial year, but tax refunds have risen As with prior years, the ATO has opted to settle with some large companies that disputed tax bills, rather than fight it out in court

ATO’s debt book grows to more than $53 billion as boss Chris Jordan faces Senate Estimates – ABC News