ATO wins Glencore court battle

THE Australian Taxation Office has been given High Court clearance to use information from Glencore it gleaned through data leaks such as the “Paradise Papers” in its investigations of the miner and commodity trader’s Australian tax affairs.

The taxman has had a win over Glencore regarding the Paradise Papers.

14 August 2019
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The ruling clears the way for the ATO to use the information to pursue any monies it feels have been hidden overseas.

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