Customs, petrol retailers likely headed to court
The dispute boils down to Customs alleging the Wiri terminal shareholders failed to collect enough excise tax since the terminal opened.
It looks very much as if the dispute between the Customs Service and Z Energy [NZX: ZEL] and the other three petrol companies which own the Wiri fuel terminal are headed for court – and that Customs thinks legal proceedings are already under way.
Z Energy has already paid about $30 million as its
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Mon, 07 Sep 2015
Mon, 07 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Customs, petrol retailers likely headed to court
51315