Australian officials seek AU$32 million from couple flagged by Panama Papers ...Middle East

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Two Australians owe the country more than 32 million Australian dollars ($25 million) in dodged taxes and penalties, according to officials behind a probe sparked by the Panama Papers investigation. CE Wang and Zhao Hui “Sophie” Shao were handed the bill following a review of 12 years of tax assessments  by the Australian Tax Office that was finalized last November. Fearing that the pair, who are now separated, could dodge the fine by quickly piping the money overseas, the ATO applied to one of the country’s highest courts for a freezing order. Judge Wendy Abraham approved the order late last year, freezing 11 bank accounts and preventing the pair from selling three homes in Sydney. The cour

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