15 Sept 2011
THE COMMISSIONER OF INLAND REVENUE V SLIOC ENTERPRISES LIMITED HC AK CIV-2011-404-001181
- Citation
- openlaw-60d1f26a_3d99_4020_be7e_6ace3379f29f.pdf
- Court
- High Court
The company was presumed unable to pay; the tax assessment, interest and penalties underpinning the statutory demand are treated as correct and indisputable under the Tax Administration Act provisions, so the Court could not revisit liability on this liquidation application; the High Court's prior order did not mandate a further $22,500 deduction; s 99(4) issues, if any, do not invalidate the defendant's assessment and lie with the other taxpayer; the discretion to refuse winding up was not exercised and the company was ordered into liquidation with the Official Assignee appointed as liquidat…