Little support for IRD's view on taxing seismic assessments
IRD believes seismic assessments are related to capital expenditure.
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Hawke’s Bay
If it was up to NBR readers, seismic assessments would be tax deductible.
The Inland Revenue Department is proposing that seismic assessments are related to a capital expense – actually seismically strengthening a building – and therefore shouldn’t be tax deductible.
That has had the Property
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Jenny Ruth
Thu, 17 Mar 2016
Thu, 17 Mar 2016
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Little support for IRD's view on taxing seismic assessments
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