Australian artist manager Glenn Wheatley, best known for managing Aussie legend John Farnham, has been charged with tax evasion after a two year investigation into his business affairs alleged that he used a Swiss company for a "tax minimisation scheme". It's claimed he used the Swiss operation to hide revenues from a Farnham tour and a Kostya Tszyu boxing match he organised from the tax man. Wheatley has admitted that some of his business affairs were run through a Swiss outfit but says that he is only guilty of "acting on bad advice" because the financial advisors who recommended the tax avoidance scheme claimed that the tax avoiding fell within Australia's tax laws.
Jul 9, 2007
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1 min read
Farnham manager charged with tax evasion
Australian manager Glenn Wheatley, who manages John Farnham, has been charged with tax evasion over alleged use of a Swiss company to hide revenues.