Bob Jones in court over multi-million dollar tax liability

Property magnate Sir Robert Jones and his accountants are slugging it out in court over a tax liability overpayment.

Accountants WHK New Zealand and its predecessors are battling Sir Robert over whether it overpaid a tax liability as a result of an oversight in the controlled foreign company regime.

Sir Robert ranked 22nd on this year’s NBR Rich List, with a total wealth of $450 million, up $50 million on last year.

 

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