Published: October 23, 2019
Huang is being pursued by tax office which has told federal court he sought to avoid tax by ‘grossly understating’ his income for three years
Chinese billionaire Huang Xiangmo has been ordered to declare all of his assets – everywhere in the world – to the federal court as the Australian tax office continues to pursue him over an alleged $140m tax bill.
In court on Thursday, Justice Jayne Jagot ordered Huang – exiled from Australia after his permanent residency was torn up by the government last year –disclose all of his assets, both in Australia and worldwide, by 11 November.
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