October 24, 2020

ATO seeks tax, penalties from Myer float

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The Australian Tax Office wants private equity entities based in Luxembourg and the Cayman Islands to stump up $738 million for tax, penalties and interest after they reaped $1.5 billion from the 2009 float of the Myer retail chain. While the Myer float has been a sobering experience for those who paid $4.10 a share […]