Sydney-Based Accountant and Swiss-Based Director

tax: Judges agreed with the Australian Taxation Office that they were actually controlled by a Sydney-based accountant within the meaning of the Income Tax Assessment Act and were thus liable for more than 13 million in tax, according to Nine News Australia. The four companies appealed to the High Court after the Federal Court found the role of Swiss-based director Peter Borgas, who runs a corporate services business, was fake and that all were controlled by Sydney accountant Vanda Gould. The High Court heard the four firms, Bywater Investments, Chemical Trustee, Derrin Brothers Properties and Hua Wang Bank Berhad, made big profits from trading in shares of firms listed on the Australian Stock Exchange. High Court judges agreed, finding no reason to doubt those findings. AAP 2016Crime Send your photos, videos and stories to can remain anonymous. They said as a matter of long-established principle, the residence of a company for tax purposes was determined by where central management and control actually occurred, not by its formal structure. (news.financializer.com). As reported in the news.