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Fool's gold payoff in bullion-dollar scam – The Australian

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The Australian
Fool’s gold payoff in bullion-dollar scam
The Australian
Though still pure gold, it was no longer considered bullion; meaning the seller could claim it as scrap and add 10 per cent to the price — as GST that should have been sent to the Australian Taxation Office. This was the halfway point for the
Tax office to crack down on gold scam costing taxpayers $610mThe Guardian

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