This content is from: Home

Penny & Hooper ruling set to trigger more avoidance investigations

Two orthopaedic surgeons from Christchurch, New Zealand have lost their tax dispute with the Inland Revenue Department (IRD), having used company and trust structures to artificially lower their salaries and thereby circumvent the top level of income tax.

To access our market-driven intelligence please request a trial here.

Read this article – and more – for a 30 day period.


Are you already an ITR subscriber? Log in here

Instant access to all of our content. Membership Options | 30 Day Trial