Park Trent Properties again faces wind-up over unpaid taxes

Park Trent Properties again faces wind-up over unpaid taxes
Park Trent Properties again faces wind-up over unpaid taxes

The Australian Taxation Office (ATO) has filed a wind-up application against Park Trent Properties Group on the ground of insolvency. 

Park Trent Properties Group owes $692,579 in unpaid taxes to the Deputy Commissioner of Taxation.

The paperwork was filed February 22 in the Federal Court and it is set for an April 17 hearing.

The company, founded by Ron Cross in 1989, runs a one-stop investment shop acting as a buyer's agent, selling agent and property manager.

The taxes owing by the Wollongong-based property spruiker include a $385,537 superannuation guarantee charge assessment debt accumulated since 2016.

Park Trent Properties Group was the subject of a 2017 wind-up applications by the tax office in 2017, with Park Trent paying the ATO's legal costs.

Despite the wind-ups orders, the Australian Financial Review reported that Cross had continued to spruik his business, including directly to reporters from that publication. 

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