Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
Collapsed Sydney developer Dyldam has denied wrongdoing in a lawsuit alleging members of the Fayad family used $74 million in sale proceeds for personal benefit and sought to conceal that fact from business partners.
Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
Alcoa has won a transfer pricing dispute with the Tax Office, with a tribunal rejecting the ATO’s novel argument that Alcoa was not dealing at arm’s length in selling alumina to a distributor that bribed Bahraini government officials.
Property developer Mirvac has successfully challenged the land tax valuation of a North Sydney office block, securing a $6.25 million reduction following a conciliation conference with the Valuer General of NSW.
Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
A judge has ruled WhatsApp messages are admissible as tendency evidence in the ATO’s case against an ex-EY partner over an alleged tax exploitation scheme.
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.
Payments by bottler Schweppes Australia to US drink giant PepsiCo should be assessed as royalty income under tax law, the ATO has told the High Court in a high-stakes case.
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease’s “aggressive tax position” is seeking pro-bono representation after losing his lawyers.