Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Businessman sentenced for tax evasion and money laundering

18 February 2014

Businessman sentenced for tax evasion and money laundering

Inland Revenue has welcomed the sentencing of a Hawkes Bay businessman after he admitted using his employees’ bank accounts to evade paying $196,000 in tax.

Ahmet Dindar was sentenced in the Napier District Court today to six months home detention and 200 hours community service after he had plead guilty to four representative charges – one each for evading income tax, evading GST, filing false income tax returns and engaging in money laundering.

Group Manager Investigations and Advice, Patrick Goggin, said that Inland Revenue began its investigation into Dindar’s companies, Anatolia Napier Limited and Café Anatolia Limited, in November 2012 after receiving information regarding his activities.

“Our investigation found that Dindar used these two companies to run a chain of kebab shops throughout Hawkes Bay. He admitted that he took cash sales from his shop tills which he deposited into the bank accounts of his staff or his own personal account.

“The outcome was that this money did not show up on the bank statements for himself or the companies and therefore the tax returns that were filed with Inland Revenue were false.

“Not only did he hide money in other people's bank accounts, but in some instances it was sent to Turkey and used for his personal expenses, and this was why he was also charged with money laundering”

Between 2009 and 2012, Dindar supressed just over $500,000 in sales from his businesses, although he has since repaid the tax owed to Inland Revenue.

“This was a deliberate attempt by Dindar to reduce the amount of tax both he and his businesses would have to pay by not declaring his income and hiding cash in other people's bank accounts.

“This case also shows that Inland Revenue acts on information that it receives and there is an expectation amongst New Zealanders that those who break the rules will be caught.

"Businesses and individuals doing the right thing can be confident that Inland Revenue will take action against those who are found to be evading their obligations,” Mr Goggin said.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:


NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news