Tax authorities visit Nuix to secure files in pre-IPO claims probe

Neil Chenoweth and Jessica Sier

Sep 28, 2023 – 5.00am

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Officials from the Australian Taxation Office visited the Sydney headquarters of Nuix last week as part of inquiries about whether the ASX-listed software intelligence group inappropriately claimed research and development tax benefits ahead of its 2020 initial public offering.

The ATO was at the Nuix offices last Wednesday to secure files that would help its investigation, two sources told The Australian Financial Review. It is the latest of several regulatory investigations into the company, which was backed by Macquarie ahead of its listing on the ASX.

Neil Chenoweth was a senior writer for The Australian Financial Review

Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics.