Home Asia & Pacific New Zealand Tax Office Puts Record Number of Companies Into Liquidation

New Zealand Tax Office Puts Record Number of Companies Into Liquidation

Share
new-zealand-tax-office-puts-record-number-of-companies-into-liquidation
New Zealand Tax Office Puts Record Number of Companies Into Liquidation
Share
New Zealand Tax Office Puts Record Number of Companies Into Liquidation

A sign on a shop window indicates the store is closed. The Canadian Press/Adrian Wyld

Liquidations of New Zealand companies have increased significantly, despite positive lending trends and eased interest rates.

The latest Centrix Credit Indicator shows a year-on-year rise of 26 percent, driven by increased enforcement activity by the Inland Revenue Department (IRD).

Share
Related Articles
where-did-bats-come-from?-new-research-points-to-europe
EuropeThe Final wakeup call

Where did bats come from? New research points to Europe

For decades scientists have argued about where bats originated. A recently published...

could-lawfare-become-warfare-between-brussels-and-beijing?
EuropeThe Final wakeup call

Could lawfare become warfare between Brussels and Beijing?

KEY TAKEAWAYS Chinese employees are using European law to defend their working...

for-andy-burnham,-getting-closer-to-the-eu-could-prove-as-tricky-as-exiting-it-an-expert-explains
EuropeThe Final wakeup call

For Andy Burnham, getting closer to the EU could prove as tricky as exiting it an expert explains

Andy Burnham has reopened a debate that successive UK prime ministers tried...

frances-far-left-protests-on-halloween-descend-into-violence-as-unrest-spreads-across-europe
China NewsEuropeGlobalWorld News

Frances Far-Left Protests on Halloween Descend Into Violence as Unrest Spreads Across Europe

PARIS—Tens of thousands of left-wing demonstrators marched along the eastern edge of...