Branch Stacking, Fake Invoices and Shakedowns: Inside the ICAC Inquiry The Independent Commission Against Corruption (ICAC) has been investigating a series of scandals involving branch stacking, fake invoices, and shakedowns in Australia's tax evasion scene.
At the heart of these schemes are individuals and businesses that exploit loopholes in the system to evade taxes and enrich themselves at others' expense.
Understanding Branch Stacking Branch stacking is a practice where companies acquire existing businesses with little to no assets or revenue, often using loans from related entities.