A dozen linked property companies collapse owing IRD $5m
Auckland director Lin Fang’s 12 property companies have all failed this year, with high intercompany loans.
Auckland company director Lin Fang's 12 property-related companies that have failed this year owe the tax department a combined $5.3 million.
Earlier this month, five companies – Garland 7, Great Wall Investment, LTA Construction, Panstar 357 and The Karori – were placed into the hands of
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