Porsche, fitness equipment and guns ‘implausible’ tax deductions – The Australian Financial Review

Sydney property developer Peter Sleiman has been slapped with a $7 million tax bill and fines on the $8 million income on his family trust, after a tribunal found he claimed “implausible” tax deductions of 65 cars, $37,000 worth of fitness equipment and firearms on his property renting business. Mr Sleiman, a property developer in…