BUS 082 Lecture Notes - Lecture 19: Business Intelligence, Linkedin, Making Money
18 Aug 2020
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The ato did not specify whether it uses social media to identify tax evaders, but a spokesperson says it uses "various means" of identifying people as per its compliance program. Additionally, the report, which surveyed over 2,000 users of social networking sites, found 40% have updated their profiles with holiday plans and about 50% were unconcerned about online security on social sites. Social media can lend themselves to searches that can find information about. A variety of schemes, ranging from common varieties such as personal expenses mischaracterised as business expenses, to fictitious receipts and outright collusion between managers and employees. When an employee books an expensive refundable ticket along with a cheaper ticket. The employee uses the cheaper ticket for the actual flight, but cancels the refundable ticket. Then he or she submits the more expensive ticket for reimbursement. Some employees will scan in a hotel invoice and then change the amounts on the bill before submitting it for reimbursement.
