Hundreds of ATO agents raid tax agents in Victoria over alleged phoenix activity Economy Eloise Keating 3 August 2018 Hundreds of ATO officers have have raided a group of Victorian tax agents suspected of being involved in “tax mischief” and phoenix activity.
Government establishes phoenix activity hotline as cost to the economy each year hits $5 billion Economy Dominic Powell 16 July 2018 The federal government has today revealed the cost of the illegal phoenix activity on the Australian economy could exceed $5 billion annually.