Subscribe to RSS feedWA hits Prime with $73m tax bill over ARG purchase
by
Rob McKay
—
last modified
Jan 15, 2010 09:43 AM
THE NEW year has been soured for Prime Infrastructure Group, (formerly Babcock & Brown Infrastructure), with the Western Australian Government slapping the company with a $71.3m tax bill.
Prime said its WestNet Rail Holdings No 1 subsidiary had received an Office of State Revenue assessment notice for the sum, due on February 5, for stamp duty related to the 2006 acquisition of the ARG Group by Babcock &...
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