The Victoria Gambling and Casino Control Commission (VGCCC) has announced that Crown Resorts has been fined AU$20 million (€12.5 million) for tax breaches.
Unpaid taxes came to AU$37.4 million (€23.44 million)
Crown has been under investigation for multiple failings across its gaming operations and has already been fined AU$250 million (€156.7 million) to date. The latest breaches were only discovered when a document was found outlining unpaid taxes in a raft of other documents provided to the commission for another matter.
VGCCC Fines Crown AU$20 Million for Dodging TaxesVGCCC Chairperson Fran Thorn said:
VGCCC Fines Crown AU$20 Million for Dodging Taxes VGCCC Fines Crown AU$20 Million for Dodging TaxesThis is the fourth time the VGCCC has taken disciplinary action against Crown for conduct uncovered by the Royal Commission.
The news of the latest fine comes just weeks after The Australian Transaction Reports and Analysis Centre (AUSTRAC) proposed and agreed a financial penalty of AU$450 million (€274.95 million) with Crown Melbourne and Crown Perth for breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
