Taxman's view of Eric Watson’s alleged money-go-round
IRD tries to bring up dispute with Sir Owen Glenn.
Victoria Young
Mon, 10 Sep 2018
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NBR Focus: The Accountants 2024
NBR Rich Lister Eric Watson routed money through multiple entities to himself, Inland Revenue contends, as it summarises its $60 million case against Eric Watson’s Cullen Group.
The taxman disputes $290m worth of transactions, which enabled Cullen Group to pay just 2% in tax instead of 15%.
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Victoria Young
Mon, 10 Sep 2018
Contact the Writer: victoria@nbr.co.nz
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Taxman's view of Eric Watson’s alleged money-go-round
Law,
76420