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Tax benefit only ‘realistic’ aim of Billabong founder’s share sale, High Court says
The High Court has upheld an appeals court ruling that Billabong founder Gordon Merchant is liable for a $31 million tax bill after selling his company, finding there was no other "meaningful or realistic" objective of the sale.
Construction PRO
Hilton appeals loss in fight with ATO over $173M hotel sale
Hilton has filed an appeal after losing a challenge to a $173 million tax adjustment from the 2015 sale of the Sydney Hilton Hotel.
Construction PRO
Hilton loses fight with ATO over $173M hotel sale
Hilton has lost its challenge to a $173 million tax adjustment from the 2015 sale of the Sydney Hilton Hotel, with a judge finding the transaction was entered into for the dominant purpose of obtaining a tax benefit. 
ATO appeals win for Evolution Mining over $31M losses
The Australian Taxation Office is appealing a win for gold producer Evolution Mining after an initial trial over the company's purported decision to cancel the transfer of $31 million in post-acquisiton losses.
Evolution Mining wins initial trial against ATO over $31M tax loss transfer
Gold producer Evolution Mining has won an initial trial against the Australian Tax Office over a purported decision to cancel the transfer of $31 million in tax losses after it acquired Conquest. 
Tax office appeals win for Shell over $99M in capital gains tax
The Australian Tax Office is challenging a decision for Shell over a $99 million capital gains assessment in the energy giant's sale of its Woodside stake.