
Follow
the podcast on
A proposed crackdown on companies that give shareholders loans, rather than pay them taxable income, appears dead in the water.
Inland Revenue has been eyeing the whopping $29 billion shareholders currently owe companies, questioning the extent to which companies are issuing shareholders loans, rather than paying them dividends or wages.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeart app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeart is easy to use and all FREE
