IRD insists business transformation project tracking below budget

Thu, 14 Jul 2016

By Paul McBeth July 15 (BusinessDesk) - The Inland Revenue Department says a 10-year project to overhaul its IT infrastructure and introduce new processes to make it easier for taxpayers is still tracking below budget. Treasury documents released yesterday showed the total cost of the project may be as much as $2.61 billion, when depreciation, capital charges and inflation adjustment are included. IRD says these figures "have always been indicated in any reports to government", although they have not been included in public discussion...

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