‘Trinity’ tax case companies ordered to pay 15-year-old $2.5M bill

Fri, 20 Sep 2013

By Paul McBeth Sept. 20 (BusinessDesk) - Companies associated with the Trinity forestry scheme have been ordered to pay $2.43 million in 15-year-old back-taxes and penalties, or face potential liquidation. The Ben Nevis and Bristol foresty centures failed in their attempt to strike out demands by the Inland Revenue Department relating to unpaid tax from 1998 and subsequent penalties. The Sept. 12 judgment of Associate Judge John Faire in the Auckland High Court, was published on the Justice Ministry’s website this week. The judge ordered B...

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