Black hole created by Trustpower’s tax case still waiting to be filled
Still no signs of a law change.
Jenny Ruth Thu, 08 Dec 2016
Five months on from the Supreme Court ruling against Trustpower in its $17.7 million tax battle there are still no signs of any legislative fix for the black hole the decision created for a much wider range of taxpayers.
The court ruled that Trustpower couldn’t write off spending on resource