- Release Date: 29/08/14 16:28
- Summary: GENERAL: VCT: Vector Wins Tax Case
- Price Sensitive: No
- Download Document 655B
VCT 29/08/2014 16:28 GENERAL REL: 1628 HRS Vector Limited GENERAL: VCT: Vector Wins Tax Case The judgment in Vector's High court case against the Inland Revenue Department has been released today. The case centred on a matter of statutory interpretation of a specific section of the Tax Act. The judgment has found in favour of Vector that a payment of around $53 million relating to access rights to Vector's CBD tunnel was not taxable. Subject to any appeal process the effect is that Inland Revenue will now be required to refund $7.6m of the tax Vector has already paid. ENDS End CA:00254619 For:VCT Type:GENERAL Time:2014-08-29 16:28:29
- Forums
- NZX - By Stock
- VCT
- Ann: GENERAL: VCT: Vector Wins Tax Case
Ann: GENERAL: VCT: Vector Wins Tax Case
Featured News
Add VCT (NZSX) to my watchlist
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online