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BNZ did no banking business via structured transactions

This is a discussion on BNZ did no banking business via structured transactions within the 2009 Q3 News Headlines forums, part of the 2009 News category; Bank of New Zealand yesterday lost a major tax avoidance case against the Inland Revenue Department after a High Court judge noted that there was no business that the bank ...


 
 
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Old 17th July 2009, 08:35 AM   #1
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Post BNZ did no banking business via structured transactions

Bank of New Zealand yesterday lost a major tax avoidance case against the Inland Revenue Department after a High Court judge noted that there was no business that the bank had done when it entered into the structured finance transactions.

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