In loss for ATO, judge rules Liberty Financial schemes were not ‘artificial or contrived’

Arnold Bloch Leibler 2022-09-19 2:17 pm By Cindy Cameronne | Sydney

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A judge has ordered that part of a decision by the Australian Taxation Office over three alleged schemes by Liberty Financial to obtain tax benefits be set aside, rejecting arguments that the corporate group’s operations were “artificial or contrived”.

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