• Money Mail 257 - Liquidation: How Some Businesses Delete IRD Debt Without Paying

  • Apr 14 2025
  • Length: 46 mins
  • Podcast

Money Mail 257 - Liquidation: How Some Businesses Delete IRD Debt Without Paying

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  • Summary

  • I read an article recently about a company who owed over half a million dollars to the IRD and was now unable to pay. I checked the companies office, which is a register of all companies in NZ, and this company has been put into liquidation by one of the shareholders. Days later the same shareholders and directors had a new company under a different name and that would start with $0 in tax owing to the IRD. Say what? How dos this work? Let's find out.


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