Australians found guilty of REDD credit tax evasion scheme

Published 11:52 on September 21, 2020  /  Last updated at 16:43 on September 21, 2020  /  Asia Pacific, Australia, International, Other APAC, REDD, Voluntary Market  /  No Comments

Australia's federal court has found three men guilty of promoting tax avoidance over the years 2009-12 through a scheme that convinced clients to buy non-issued forest protection carbon credits by promising the investments would be tax deductible.

Australia’s federal court has found three men guilty of promoting tax avoidance over the years 2009-12 through a scheme that convinced clients to buy non-issued forest protection carbon credits by promising the investments would be tax deductible.

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