🇦🇺Australia

Compliance Risk from Discount Errors

2 verified sources

Definition

Granting discounts to non-DGR orgs may trigger GST misreporting; ACNC non-compliance exposes to regulatory scrutiny.

Key Findings

  • Financial Impact: AUD 2,220 minimum ATO penalty per BAS error; plus 200% shortfall interest
  • Frequency: Per audit finding
  • Root Cause: Manual verification fails to confirm DGR eligibility

Why This Matters

The Pitch: Vendors risk AUD 2,220+ ATO penalties per BAS error from unverified discounts. Compliance automation avoids fines.

Affected Stakeholders

Tax Compliance, CFO, External Auditor

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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