Case Study - IRD Audit - Property Developer

Background

1. Greater than $5 million in GST arrears and 10 years income tax returns outstanding.

Solution

1. Negotiated a time payment for the arrears linked to forward settlements of property sales.
2. Managed preparation and filing of income tax returns including ensuring profits could be utilised against group losses.

Result

1. Successfully managed and coordinated multi IRD risk reviews and audits.
2. Protected funds introduced by owners by ensuring security and priority.

Next Steps

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