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  1. #1
    Join Date
    Jan 2004
    Location
    Whangarei
    Posts
    5,867

    Default IRD names tax-dodge targets

    Full article: http://www.nzherald.co.nz/business/n...ectid=10577716
    Online traders, property speculators and tax agents behind in their personal tax are among those who can expect the Inland Revenue's steely gaze in the coming year.

    For the first time the IRD has issued details of the areas of tax compliance it intends to focus on in the next 12 months.
    It was currently dealing with a speculator who had sold 700 properties.
    Last edited by drelly; 11-06-2009 at 10:07 AM.

  2. #2
    Join Date
    Feb 2004
    Location
    Newcastle-under-Lyme
    Posts
    3,066

    Default

    I wonder if they are on PT...

  3. #3
    Join Date
    Oct 2003
    Posts
    3,578

    Default

    Quote Originally Posted by drelly View Post
    It was currently dealing with a speculator who had sold 700 properties.
    They have identified over 900 people who have bought and sold more than 10 properties during the period. Apparently when the first talked to the person referred too, they only know of some of his trades.

  4. #4
    Join Date
    Aug 2003
    Posts
    7,609

    Default

    There would be a reasonable amount of the 900 on PropertyTalk.com I'd say......probably the smart ones who have everything sorted out. I mean there's been enough communication on here about what you need to do with structures etc.


    Cheers,

    Donna
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