ATO chases HT&E for more than A$100M over licensing of former NZ mastheads

Mon, 22 Jan 2018

By Paul McBeth Jan. 23 (BusinessDesk) - The Australian Tax Office wants more than A$100 million from ASX-listed HT&E, formerly APN News & Media, over the licensing of former New Zealand mastheads it bundled into NZME and subsequently delisted. The Australian tax authority released amended assessments for the 2009 through 2012 calendar years, totalling tax adjustments of A$72 million plus A$32 million of interest, HT&E said in a statement. That doesn't include penalties, which the ATO hasn't decided whether to apply or not, and the Austra...

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