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AAP
AAP
National
Phoebe Loomes

ATO targets GST scams, recovers $1 billion

People attempting to defraud the Australian Taxation Office can expect a knock on the door. (AAP)

Australian tax officials have headed off $1 billion in attempted frauds since January, with people attempting to hoodwink the taxman with a GST scam warned they could face jail time when caught.

A taskforce led by the Australian Taxation Office, working with the federal police, issued warrants across the country this week to people suspected of lodging claims for false businesses.

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