News

Baker critical of way AUT's promoted

Tuesday 12th of August 2003
His personal view is that managers who have pushed the tax angle aggressively have brought the situation to Inland Revenue Department’s attention earlier than otherwise would have happened.

"The effect of that has been to engage the IRD’s attention earlier than may have been the case."

Last week the Government announced that it was unhappy with the use of AUT’s to get around tax laws, and it...

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