Billionaire wins appeal overturning A$23.4 million tax bill tied to Tasmania's Woolnorth dairy estate

RSS excerpt

A Full Court in Tasmania has overturned a significant tax assessment against companies related to Xianfeng Lu. The decision cancels a A$23.4 million stamp duty bill that included penalties and interest. This dispute originated from the 2016 purchase of the Woolnorth dairy estate, bought for A$280…