Did Rupert pull a A$21 billion dodgy on the tax department?The Tax Office is continuing to chase Murdoch’s News Corp over an alleged “contrived” capital loss of A$1.5 billion, created to avoid paying A$500m in tax. Was News Corp’s complex ‘flip and spin’ company restructure used to avoid A$21 billion in taxes?
Michael D’Ascenzo
D’Ascenzo under pressure over Wickenby breaches
Commissioner of Taxation Michael D’Ascenzo is under pressure after details emerged that the ATO secrecy has been breached, writes Chris Seage.
Phoenix companies: a lurk on the rise
A showdown is looming between the Australian Taxation Office and Liquidators over the explosion in use of phoenix companies, writes Chris Seage.
D’Ascenzo: Trust in me your tax sins and… go to jail
Tax Commissioner Michael D’Ascenzo is getting desperate. He knows his much vaunted Operation Wickenby is seriously in the red, writes former tax office auditor Chris Seage.
