The ATO has confirmed that Mr Cranston has resigned from his role effective immediately.
“We can confirm Michael Cranston has chosen to resign his deputy commissioner role at the ATO effective 13 June 2017,” an ATO spokesperson told Accountants Daily.
This morning, Mr Cranston’s case came before the Downing Centre local court, with important dates for proceedings set by Magistrate Jennifer Atkinson.
Magistrate Atkinson ordered that the prosecution appear in court to deliver a brief on 8 August 2017, and Mr Cranston’s defence to provide a reply on 29 August 2017.
Mr Cranston’s lawyer, Angela Skocic from Greg Walsh & Co asked for Mr Cranston to be excused from appearing on 29 August, which Magistrate Atkinson granted.
This follows an eight-month joint investigation between the AFP and the ATO which resulted in multiple arrests last month relating to a syndicate responsible for a $165 million tax fraud against the Australian government.
One of the arrested was Adam Cranston, son of Michael Cranston, who was charged with conspiracy to defraud the Commonwealth.
In a press conference last month, AFP Deputy Commissioner Leanne Close confirmed that three ATO officials, including Mr Cranston, were being investigated in relation to the case.
“A senior official from the Australian Taxation Office has been issued with a court attendance notice where we’re alleging that he has abused his position as a public officer and senior official of the Commonwealth,” Ms Close said.
The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day