The Administrative Appeals Tribunal has denied taxpayer ZCSB a discharge of $1.2 million in tax debts after failing to prove that he would suffer serious hardship if he was required to repay the sum.
Read more at the Accountants Daily.
Surgeon denied release of $1.2m tax debt
A medical practitioner with tax debts of close to $1.2 million has been denied a release of his liabilities after being found to spend over $200,000 each year on rent and private school fees.
