sharetrader
Results 1 to 10 of 32

Threaded View

  1. #21
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,313

    Default

    Quote Originally Posted by minimoke View Post
    I'm not sure how IRD work nowadays. Back in the day they would audit prostitutes (which back then was an illegal activity. They didn't dob in the prostitute - they just wanted teh tax
    So the owner gets a tax bill for $3,000,000 for revenue not declared,with penalties,as "they just want the tax"..ie not declared revenue up to $25,000 a week over 260 weeks [5 years] is $6.6mil.
    That would focus the owner's attention.What undeclared revenue.?
    Perhaps with IRD proof he would ask the boss a few questions,or ask the police for their help.
    The whistleblower remains an innocent bystander.
    Last edited by percy; 10-03-2019 at 09:14 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •