ATO drops tax case against Russian oligarch
The Australian Taxation Office has dropped its case against a Russian oligarch it alleged owed $34 million in unpaid taxes after resolving the dispute.
The Federal Court on Monday set aside a freezing order over $116 million worth of Australian shares owned by Vladimir Iorich's Swiss-based Pala Investments that was originally issued on the request of the ATO's Project Wickenby team.
Read the full story at The Sydney Morning Herald.
