Self-claimed bitcoin inventor Craig Wright allegedly made more than $3 million in false research and development tax claims for his technology companies before leaving Australia in 2015.
The Tax Office audited and rejected $3.3 million in R&D tax claims and $2.4 million in other deductions in 2013 and 2014 and issued a $2 million penalty to one of his firms, documents show.
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Max Mason covers insolvency, courts, 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
Andrew Burke is the editor of AFR Weekend, based in the Sydney newsroom. He has worked at the Financial Times in London, the South China Morning Post in Hong Kong and reported from across Asia and the Middle East. Connect with Andrew on Twitter. Email Andrew at aburke@afr.com