The Tax Office is knocking on the door of Jon Adgemis’ embattled pub group for more than $10 million in unpaid taxes as the former KPMG rainmaker attempts to negotiate a $500 million refinancing deal to save his faltering empire.
The Australian Taxation Office lodged a tax default notice on Public Lifestyle Management, part of Mr Adgemis’ Public Hospitality Group companies, on April 30 for $10.7 million. It also issued a $266,000 default notice on another of Mr Adgemis’ companies, Lovers Lane.
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Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
