High Court to hear ATO, Billabong founder’s appeals in $30M tax spat

Tax 2025-10-09 11:15 pm By Christine Caulfield

Billabong founder Gordon Merchant has won the ear of the High Court in his fight over what the ATO claims was a “wash sale” of his 10 million shares in the retailer, but the justices have also agreed to hear the tax office’s appeal.