HT&E to settle 2018 ATO dispute for $71m

Media company Here, There & Everywhere (HT&E), ARN’s parent company, has settled a taxation dispute with the Australian Taxation Office (ATO) for the sum of $71 million.

According to a market announcement, HT&E “remains satisfied that its treatment of the branch matter was consistent with relevant taxation legislation, the Board views the settlement arrangement reached with the ATO as being in the best interests of shareholders”.