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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Eric Watson appeals $112m bill to Inland Revenue

Cullen Group being pursued for more than $200m.

Eric Watson’s Cullen Group has appealed the High Court decision that it owes Inland Revenue at least $112 million.

In his judgment, Justice Matthew Palmer found Cullen Group avoided $51.5m of withholding tax when Watson moved from Auckland to London in 2002. The 'use of money' interest on that

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Graham Skellern Fri, 17 May 2019
Contact the Writer: graham@nbr.co.nz
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Eric Watson appeals $112m bill to Inland Revenue
General Business,Law,
79288
true