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Hot Topic NBR Focus: The Accountants 2024
Business
1 mins to read

IRD wins Whitcoulls building case in appeal court

Court clarifies distinction between revenue and capital receipts.

Victoria Young Fri, 17 Aug 2018

The Court of Appeal says Inland Revenue was correct to treat lease surrender payments as revenue receipts in a ruling over the former Whitcoulls building in Wellington.

Former Herman Rockefeller firm Easy Park has been fighting the taxman in court over a $1.1 million payment which the IRD

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Victoria Young Fri, 17 Aug 2018
Contact the Writer: victoria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Inland Revenue Department Law & Courts. Whitcoulls Geoff Harley
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