Hot Topics

Accountants

Accountants, ATO, Judgment, Referrers 12 September 2018

Insolvency referrer denies backdating developer’s docs

Western Sydney accountant and insolvency referrer Gerardo “Gerry” Incollingo has denied allegations made by the Deputy Commissioner of Taxation (DCoT) that he backdated documents to help controversial property developer Charbel Demian avoid a $35 million tax and penalties bill. In Deputy Commissioner of Taxation v Advanced Holdings Pty Ltd & Ors Federal Court Judge Anna Katzmann lays out how on August 21, 2018 she made orders freezing assets controlled by Demian’s Advanced Holdings…

Read More
Phoenix target Armstrong and Shaw wound up

Accountants, Discipline, Liquidators 17 February 2017

Advisory at centre of Phoenix probe wound up

Worrells’ Adelaide partner Nick Cooper has moved to wind up a company targeted by the multi-agency Phoenix Taskforce in a series of raids  last year. On February 8 in the Federal Court of South Australia orders were made appointing Pitcher Partners Andrew Yeo and Gess Rambaldi liquidators of Armstrong and Shaw Pty Ltd, one of a group of companies connected to controversial pre-insolvency advisor Philip…