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The man behind media magnate Kerry Packer's legendary tax reduction schemes has lifted the lid on the accounting secrets of Australia's big business billionaires.
Allan Mason was the TV and magazine tycoon's tax expert when Mr Packer fronted MPs for his legendary appearance before a parliamentary hearing 30 years ago.
'I am not evading tax, in any way shape or form,' Mr Packer boomed at a House of Representatives committee in 1991. 'Now, of course, I am minimising my tax.
'And if anybody in this country doesn't minimise their tax, they want their heads read, because as a government I can tell you, you're not spending it that well that we should be donating extra.'
Now his accountant has finally shared his secrets on how everyone else can minimise their tax too - and blown up a few stubborn tax myths that still persist.
The man behind (pictured) media magnate Kerry Packer's legendary tax reduction schemes has lifted the lid on the accounting
