Disgruntled accountant who evaded $170,000 in tax spent money on rare stamps and coins - News Summed Up

Disgruntled accountant who evaded $170,000 in tax spent money on rare stamps and coins


A disgruntled accountant began evading hundreds of thousands of dollars in tax after an IRD staff member was rude to him on the phone. Photo / FileA disgruntled accountant who evaded $170,000 in tax spent all the money on rare stamps and coins, it can be revealed. Now further details about the offending can be shared, including a look at where all the unpaid tax money ended up. The total amount of evaded tax and GST was $170,852.89, but with penalties and interest the amount owing to IRD was $439,940.91. IRD has notices in place that will ensure the will money cannot be paid to Sinclair until the IRD has received its cut.


Source: New Zealand Herald February 25, 2021 03:45 UTC



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