Tax win a step in right direction for Gold Coast developer Raptis Group
Collapsed Gold Coast developer Raptis Group has moved a step closer to being resurrected as it was revealed on Friday that $31 million in tax claims against its construction unit have been withdrawn by the Australian Tax Office.
Collapsed Gold Coast developer Raptis Group has moved a step closer to being resurrected as it was revealed on Friday that $31 million in tax claims against its construction unit have been withdrawn by the Australian Tax Office.
Founder Jim Ratpis, who was behind a series of apartment towers in Surfers Paradise before coming unstuck with a three-tower development in neighbouring Southport, said he was determined to bring the group back under shareholders’ control and get it operating again.
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