Property Management

Property developer foils IRD GST charges

Inland Revenue has been foiled from bringing legal proceedings against a string of companies associated with Auckland property developer Andrew Krukziener after they went into voluntary liquidation.

Wednesday, November 26th 2003

IRD had intended to claim hundreds of thousands of dollars in goods and services tax from the companies.

But Krukziener, who initially indicated he would oppose the IRD claims, pre-empted the action in time to stop the hearing, which was due to start yesterday afternoon.

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