Tax Crackdown Nets $313 Million in 2008-09

the Assistant Treasurer, Senator Nick Sherry, announced that two high-profile tax crackdowns have this past financial year raised more than $313 million in tax liabilities and penalties against tax cheats. Project Wickenby targets a range of tax avoidance schemes, including the use of offshore tax havens. “Phoenix” companies are those which deliberately go into liquidation…

Read More