Gas project loses tax claim over fly-in fly-out costs

A company has lost a court case over tax deductions for fly-in fly-out workers on a gas project. (PR HANDOUT IMAGE PHOTO) (AAP)

A construction company faces a $13 million tax bill after the Federal Court rejected its claim that fly-in fly-out worker costs at an isolated Queensland gas project were fully deductible.

The Federal Court in Queensland this week rejected the appeal by the Australian arm of US multinational Bechtel against the Commissioner of Taxation concerning its tax claims for a liquefied natural gas (LNG) project about 470 kilometres north of Brisbane.