A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has expressed concerns about the ATO’s potential involvement in distributing settlement funds, saying the department was unlikely to efficiently reunite group members with their money.
The tax commissioner has convinced a judge to throw out proceedings by Malaysian power company YTL Power seeking declarations that it does not owe capital gains tax from the sale of its stake in ElectraNet Pty Ltd.
A judge hearing a lawsuit by an ex-Greenwoods & Herbert Smith Freehills partner seeking $13 million in compensation from his former firm and Lendlease has ordered that the court first decide whether new whistleblower protections apply retrospectively.
The fifth and final defendant named in a criminal proceeding over a $105 million tax fraud involving payroll services company Plutus Payroll has been found guilty for his part in the scheme.
A Sydney lawyer has been sentenced to up to 12 years in prison for laundering $24 million as part of the Plutus tax fraud.
A jury has found the daughter of a former ATO commissioner guilty for her role in a $105 million tax fraud scheme involving payroll services company Plutus Payroll, a week after her brother and two others were convicted.
A jury has reportedly handed down guilty verdicts against three individuals for their alleged involvement in a $105 million tax fraud scheme involving payroll services company Plutus Payroll, including the son of a former commissioner of the Australian Taxation Office.
A decision by the Administrative Appeals Tribunal that reproduced almost entirely verbatim and without attribution the submissions of the prevailing party as its own reasons damages the public’s trust in the AAT and must be overturned, a court has ruled.
Petrol giant Ampol has reached a $157 million agreement with the Australian Taxation Office to resolve a long-running dispute over transfer pricing of goods between its Singaporean hub and Australian unit.
Ashurst has bolstered its Sydney tax practice with the addition of two senior taxation lawyers from Deloitte.