Frontline ATO staff want urgent legislative fix to stop phoenixing farce

The ATO’s longstanding pursuit of outstanding debts from companies being wound up could be significantly boosted, as the Australian Services Union (ASU) Taxation Officers’ Branch has told members it has written to Assistant Treasurer Stephen Jones and taxation commissioner Rob Heferen on their behalf, lodging a submission urging for changes that would disqualify related-party creditors from voting on how to carve up remaining assets.