Tax office moves on administrators in ‘$180m tax fraud’

The administrators of a formwork company involved in a suspected $180 million tax fraud have reduced an $11 million payroll tax debt to just $1 and executed a deed that effectively shuts down investigations.

Revenue NSW this week launched a rearguard action in the Federal Court against Jones Partners principals Bruce Gleeson and Daniel Soire in a bid to reverse their decision in relation to Dalma Form Specialist (DFS) and to send the company into liquidation, which would make way for public examinations of shadow directors.