13 Sept 2019
AA TAXATION & ACCOUNTING SERVICES LTD v THE COMMISSIONER OF INLAND REVENUE [2019] NZHC 2301
- Citation
- [2019] NZHC 2301
- Court
- High Court
The statutory demand was set aside under s 290(4)(c) because there is a sufficiently compelling and arguable dispute whether the CPRA settlement payments extinguished AA's tax liability and a serious risk of double recovery/unjustness if the statutory demand were enforced; the matter must be litigated by AU in substantive proceedings so the allocation of forfeited funds and treatment of the Agreed Assessment can be determined.