Crown to challenge $270 million ATO bill

Crown Resorts is set to challenge the Australian tax authority’s treatment of Crown’s since-abandoned North American expansion plans.

In 2016, Crown was slapped with a US$270 million tax bill – made mostly of back taxes and penalties from the 2009 and 2014 financial years.

At the time, Crown said it considered it had paid the correct amount of tax, and said it would, if necessary, pursue court proceedings to the amended assessments.

In May, the Australian Tax Office (ATO) dismissed Crown’s objection to the bill, disputing the operator’s treatment of its since-abandoned North American expansion.

The company is due to argue its position n a Melbourne court on August 31.