Aussie music manager Glenn Wheatley, best know for managing John Farnham and Delta Goodrem, has been jailed for 30 months over those previously reported tax evasion charges. Wheatley admitted that his business affairs had been run through a Swiss company, avoiding Australian taxes, but he insisted that he had been told by his financial advisors that while the Swiss operation amounted to tax avoidance it was not actually tax evasion. He said he was guilty simply of "acting on bad advice". Commentators hadn't expected such a harsh sentence - which includes a compulsory minimum term of fifteen months - given that he had pleaded guilty to the tax avoidance and had co-operated with tax officials as they investigated his business affairs. According to Aussie music website Undercover, a famous movie star and famous sports star are also likely to be investigated as part of the Operation Wickenby crack down by Australian tax officials which led to Wheatley's prosecution.
Jul 19, 2007
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1 min read
Farnham manager jailed over tax avoidance
Australian music manager Glenn Wheatley has been jailed for 30 months after admitting running his business affairs through a Swiss company to avoid Australian taxes.