Leaping Lindner wrote:Can anyone help? I'm trying to find a link to Andrew Bolt's scathing article on Murdoch getting a $800 million back from the ATO, and the fact that the ATO aren't contesting it. He must have written one surely, being the bastion of good and common sense that he is.
Was it a legitimate and legal tax refund?
If so why would it be an issue so long as Murdoch did pay any tax he was legally required to pay.
I've taken on the ATO a few times about their speculative assessments and had them climb down quickly when stood up to, and clear grounds for the challenge put up. Mind you none of mine were over more than about $20K.
On the other hand, as I've said several times on this site before, I think our tax rates on
very high incomes should be increased.
(My challenges were back in the day when you didn't need to be earning a lot to hit the 47 cents in the dollar bracket.)