How can Alita owe tax when the mining of our product was not undertaken by the company but by Austroid who never legally owned Alita as the deal was blocked by FIRB?
Why isn't A40 being reimbursed for loss of product rather than receiving a $203m tax bill?
Austroid were paid their original debt plus interest held against A40 by MIN, acquired from the liquidator about 3 years ago after paying out Galaxy and other creditors, so why should they benefit from what to me seems like illegal mining of our deposit without FIRB approval, then leave us with the tax?
Why is the ATO not chasing them?
Add to My Watchlist
What is My Watchlist?