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Podcast: Tradies In Business
Episode: TIB060 We talk direct to the Australian Taxation Office about how to spot, avoid and report an illegal pheonix company
Description: Do you know what is an illegal phoenix? Illegal phoenix activity. Illegal phoenix activity is when a new company is created to continue the business of a company that has been deliberately liquidated to avoid paying its debts, including taxes, creditors and employee entitlements. Learn more about illegal phoenix - what it is, how to spot one and what to do to avoid not getting paid for the work that you've done for another company.See omnystudio.com/listener for privacy information.