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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

IRD gets $1.6m of Forestlands cash

 Investors still waiting as FMA seeks liquidation of 18 Forestlands companies.  

Tim Hunter
Mon, 23 Apr 2018

There will be $1.6 million less cash for investors in the Forestlands group of companies after the High Court approved a claim by Inland Revenue for payment of tax due.

About 4400 investors have been waiting for more than a year for the proceeds of the sale of land and trees by the 18 companies

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Tim Hunter
Mon, 23 Apr 2018
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IRD gets $1.6m of Forestlands cash
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