Deals
Resource Capital Funds, Australia Tax Office to Resolve Dispute
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Resource Capital Funds and the Australian tax office agreed to resolve a court dispute, less than two weeks after the Denver-based private-equity firm criticized the authority’s handling of the case.
The Australian Taxation Office and Resource Capital Fund III LP, one of the buyout firm’s funds, “reached agreement to resolve the outstanding issues relating to the current proceedings,” they said in a joint statement e-mailed today. They didn’t say whether the deal included a financial settlement.