Apr 3, 2008

of steve irwin and wife under tax probe involving singapore-based company

Steve Irwin's zoo subject of Australia tax probe: Reuters reports that Australian tax officials are probing the affairs of late "Crocodile Hunter" Steve Irwin and his wife Terri over an offshore scheme involving their Australia Zoo wildlife business. The scheme, under investigation by the Australian Taxation Office, allowed the Irwin's zoo to claim large tax breaks by paying more than A$600,000 (250,000 pounds) a year in fees to a Singapore-based company.

Update:
- Australia Zoo fund baffles workers (Herald Sun): The zoo claims it was duped into participating in another offshore tax scheme involving a Singapore bank, HQZ Argentum, set up by disgraced tax commissioner Nick Petroulias.

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