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Liberty Financial wins tax appeal

Wednesday 20th of March 2024
A full bench of the Federal Court of Australia ruled that complex internal treasury operations within the group did not amount to a contrived “scheme” aimed at obtaining a tax benefit, at least when it floated and listed on ASX in 2019, according to the Banking Day financial news organisation.
The entity appealing, Minerva Financial Group, invested in securitised trusts and...
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