Another setback for Oz crime body into tax probe
Another setback for Oz crime commission in its attempt to uncover $A100m Vanuatu tax scam
Another setback for Oz crime commission in its attempt to uncover $A100m Vanuatu tax scam
Only weeks after the Australian Crime Commission bungled its case against
Crocodile Dundee star Paul Hogan for alleged tax evasion, its NSW arm has also
suffered an embarrassing legal setback.
An attempt to freeze 50 bank accounts connected with Robert Agius, an
Australian and former
PKF Vanuatu
accountant, allegedly involved in a $A100m (£42m) money laundering scheme, has
been quashed.
The NSW Court of Appeal ruled the commission could not freeze the accounts
because the Australian Federal Police agent who arrested Agius in Perth last
April did not provide enough information about Agius’s alleged criminal
activities.
However, the Sydney Morning Herald has learned the commission has
since obtained restraining orders under different legislation enabling the
accounts to remain frozen.
Further reading:
Hogan scores major win in tax fight
Aussie accountant arrested in high profile tax racket
Read
the Sydney Morning Herald story
The numbers you crunch tell a story. Your expertis...
16yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleUHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...
View articleIt is hard to argue that the Taxes Management Act 1970 (TMA), wouldn’t benefit from some substantial updating. It came into force back in the mists of...
View articleMorton became Tax Director of the Office of Tax Simplification, an independent office of HM Treasury, in 2017 Read More...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe Upper Tribunal has rejected an appeal from HMRC in a case relating to the taxation of termination payments made to football player employees of To...
View articleThe revised guidance sets out the circumstances under which trustees need to disclose the identities of beneficiaries to HMRC Read More...
View articleAlthough the concept of a £1,000 tax-free allowance sounds very simple, there are a number of complexities of which taxpayers and advisers need to be ...
View article