RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Extortionist OZschwitz taxman attacks Bob Jane over $1m supposedly still 'owing' Mon Dec 16, 2013 1:20 am | |
| Former tyre king Bob Jane has been slugged with a $1 million tax bill that could push the beleaguered businessman into bankruptcy.
The Tax Office is alleging that Mr Jane - who once controlled an empire worth $100 million but now claims to be nearly broke - has been underpaying his income taxes since the mid-1990s.
It's the latest in a series of financial setbacks for the champion race car driver-turned-entrepreneur, who lost control of the Bob Jane T-Marts empire in 2011 to his son, Rodney.
Mr Jane's bid to rebuild his fortune through a new chain of competing tyre businesses was also recently frustrated after a court banned him from using the family name to promote the venture.
Read more: http://www.smh.com.au/business/bob-jane-may-face-bankruptcy-with-1-million-tax-bill-20131215-2zf9g.html#ixzz2ncGQPt5x |
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