Tax

A judge has granted bankrupt publican Jon Adgemis three more weeks to review material in a dispute with the ATO, despite the matter stalling since a third set of solicitors took over his defence in March. 

An Australian Super entity is exempt from a $36.2 million tax assessment following the rezoning of a property in Dingley Village, in the first tribunal decision under Victoria's Windafall Gains Tax Act. 

The failed construction business of Allmine Group's Arccon was not insolvent when it paid $7 million in tax liabilities, despite signs of financial distress, a judge has found, dismissing a case by a liquidator's assignee against the tax office.

A former partner at Potentia Capital Management has brought proceedings claiming the private equity firm breached a settlement agreement after his employment at its fintech Linkly was terminated following alleged whistleblower complaints.

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.

Awaiting judgment in a case by the ATO alleging the promotion of tax loss schemes, former EY partner Peter White has fired off his own case against the tax office, and both sides want a different judge to hear the matter.

Talks between the tax office and the family of former Labor politician Eddie Obeid to settle recently revived litigation have stalled, a court has been told. 

Jones Day has recruited an EY partner to join its team as of counsel, strengthening the law firm's growing tax controversy practice.

Several entitles in the Cottle family group, which owns construction company FDC Construction & Fitout, have won more time to serve a $280 million negligence suit on accounting firms Nexia and PricewaterhouseCoopers over more than two decades of tax and financial advice.

Real estate investment firm ISPT on Wednesday failed in its challenge to a $10.7 million stamp duty assessment, with a judge finding Victoria's revenue office was entitled to lump two acquisitions together.