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Taxpayers at risk of bankruptcy after ATO resurrects decade-old debts | ABC News

The Australian Taxation Office is attempting to claw back billions of dollars by reviving historical debts. The move has caused many people confusion and distress, putting many taxpayers at risk of bankruptcy. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-1... ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia