About one million Australians facing $13,000 fine under ATO introduction of directors ID

https://7news.com.au/lifestyle/personal-finance/about-one-million-australians-facing-13000-fine-under-ato-introduction-of-directors-id-c-8943613

Why are ALL Directors being threatened with a fine, because it is claimed, people are collapsing businesses to get out of paying creditors and registering a new business 🤔

For how long and how often has this been the case?

Why are ALL Directors being objectively 'hunted' BEFORE a crime has been committed...by some Directors?

Why is this an ATO issue and not a criminal ASIC issue?

And YOU are paying the ATO and ASIC over 4 years $286.2 MILLION to do it.

Gee, this must be happening everywhere... it smells like the increase in IRS spending in the US of A 🤔

https://7news.com.au/lifestyle/personal-finance/about-one-million-australians-facing-13000-fine-under-ato-introduction-of-directors-id-c-8943613