Tax office wins fight over GST on scrap gold

Original article by Nick Evans
The Australian – Page: 23 : 5-Jul-19

The Australian Taxation Office has secured an important legal victory in its ongoing battle to withhold tax credits that were allegedly wrongfully claimed under a GST gold swindle. Deputy commissioner Jeremy Geale says the significance of its latest win in the Administrative Appeals Tribunal is that it was against a gold refiner, whereas the previous wins have been against gold dealers or scrap merchants. It is claimed that the swindle has cost federal Treasury over $1 billion.

CORPORATES
AUSTRALIAN TAXATION OFFICE, AUSTRALIA. ADMINISTRATIVE APPEALS TRIBUNAL, AUSTRALIA. DEPT OF THE TREASURY

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