A former businessman has been punished recently over a total of 87 tax-related charges, and the Inland Revenue Department of New Zealand has warned that it will continue with its “zero tolerance” approach to tax evasion. This approach to combating tax avoidance is relevant to all taxpayers doing business in New Zealand.
In early 2007, the IRD began investigating him after he appeared to purposely misuse innumerable companies to claim just over NZD 379,000 (USD 297,811) to which he was not entitled. The former businessman was punished to home detention and community work, and ordered to pay compensation of NZD 7,500.
