Auctus Resources will not be able to hang on to a $2.3 million R&D tax offset refund which the Full Court found was paid by mistake, after the High Court turned down its special leave application.
PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.
South Australian mining magnate Bob Johnson faced court Friday charged over a scheme to defraud the federal government of $38.5 million in taxes.
ISignthis CEO John Karantzis has filed court proceedings against the ATO seeking to have $4.2 million lopped off his tax bill for the 2015 financial year.
Tabcorp and its Tatts unit have filed three proceedings against the ATO this year, with the gambling giants asking the court to allow a total of $538 million in deductions for gambling licences in three states over three financial years.
The ATO is challenging a judge’s decision to allow oil giant Shell Australia $2.2 billion in deductions for the cost of certain exploration activities conducted under an acquisition that increased its stake in Woodside Energy’s Browse Basin gas exploration joint venture project.
Members of the Binetter family have sued the trustees of a Nudie Juice co-founder Emil Binetter’s estate for settlement details over debts claimed against the family in a bid to extinguish any judgment debt against the estate, a court has heard.
Tabcorp-owned Tatts Group has appealed a finding from the Commissioner of Taxation that it cannot deduct a $120 million lotto licence from it assessable income for the 2017 financial year.
Lex Greensill will need to pay tax on $58 million in capital gains, after losing a challenge to a tax assessment which included non-Australian gains from the sale of Greensill shares distributed to the founder of the collapsed collapsed UK-based supply-chain finance firm.
Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements for the funds.