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Would you know if a phoenix operator was trying to rip off your business?
Know the signs and protect yourself. 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. This illegal phoenix activity impacts the business community, employees, contractors and the government.
Read more at https://www.ato.gov.au/phoenix