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Tag: demerger
RESEND: IRD not resourced to fix demerger tax
2015-09-12 16:46:29| Chemicals - Topix.net
New Zealanders are being taxed on their own capital because of unfair rules covering shares in demerged companies, but the government argues the Inland Revenue Department doesn't have the resources to fix the problem, the New Zealand Shareholders Association says.. NZSA chairman John Hawkins said Revenue Minister Todd McClay wrote to him saying there was merit in the argument that taxing shares in demerged companies was unfair.
Tags: tax
fix
resourced
demerger
UK's Metcalfes Food Company announces demerger
2015-05-18 01:00:00| Food Processing Technology
UK-based snacks manufacturer Metcalfe's Food Company will de-merge and restructure its business to better support its two brands.
Tags: company
food
announces
uks
NAB reveals Clydesdale demerger plan
2015-05-07 02:59:29| BBC News | Business | UK Edition
Clydesdale Bank is to be split from its parent company and then floated, says owner National Australia Bank.
Tags: plan
reveals
nab
clydesdale
BHP demerger: Kiwis face tax bill
2015-04-28 19:51:12| Chemicals - Topix.net
A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers. Photo / Thinkstock A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers under this country's law, an analyst says.
Douglas Laing & Co looks to future after demerger hits FY profits, sales
2015-01-05 11:43:00| Daily beverage news and comment - from just-drinks.com
Douglas Laing & Co has posted an expected sharp fall in full-year profits and sales after a demerger that halved the Scotch whisky maker's size.
Tags: sales
future
hits
douglas