Tag: taxation

NEWS: ATO Fraud, $165 million defrauded from the Commonwealth

Today, arrests were made in what appears to be the largest white collar crime syndicate in Australia’s history. Nine people were arrested and charged over the last few days, including deputy Taxation Commissioner Michael Cranston and his son, Michael Cranston. The Australian Federal Police have seized; 25 cars $15 million in accounts 18 residential properties […]

NEWS: Chevron & International Tax, What Does It Mean to Me?

You may have heard of the recent Federal Court decision regarding US Oil giant Chevron and a $300 million, no? Well that’s ok, because I’m about to tell you all about it. The full bench of the Federal Court unanimously dismissed the appeal against an ATO ruling that Chevron used an intra-company loan as a […]