ATO

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. 

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. 

A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.

The Star has settled a long-running dispute with the ATO over GST on payments made to junket operators, with the ATO agreeing to refund $33 million of the $88 million in dispute. 

Tax advisors will face tougher penalties for misconduct under new federal legislation introduced in response to the PwC tax leaks scandal and recommendations from a Tax Practitioners Board review. 

A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission. 

A former owner of the Ubertas property development group is suing Deloitte Private and Pitcher Partners, alleging they gave her negligent advice that led to an audit and a $12 million tax bill.

Holding Redlich has bolstered its tax team by hiring the Australian Taxation Office's former deputy chief tax counsel.

Shell’s Australian arm has succeeded in challenging a finding by the ATO that it needed to pay an additional $99 million in capital gains tax after it disposed of its 34.27 per cent holding in Woodside Petroleum.

The tax office has won the appointment of special purpose liquidators to entities behind a number of Queensland construction projects, as it seeks to claw back a claimed $16 million debt.