ATO accuses Huang Xiangmo of structuring businesses to hinder creditors

Tax office files documents in support of freeze order over Chinese businessman's assets and Mosman mansion

The Australian Taxation Office has accused the controversial Chinese businessman Huang Xiangmo of intentionally setting up complicated business structures in Australia to frustrate efforts to recover money from him.

In documents filed with the federal court, the ATO, which has hit Huang with a $140m tax bill, said it had concerns that Huang "intentionally structured his asset holdings in such a fashion so as to delay or hinder recovery by creditors".