Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Inland Revenue welcomes the lifting of name suppression

Inland Revenue welcomes the lifting of name suppression in Imran Kamal case


Inland Revenue has welcomed the decision in the Wellington High Court on 19 December 2013, lifting a name suppression order from Friday 10 January 2014, for Wellington accountant Imran Mohammad Kamal.

Group Tax Counsel Graham Tubb said that Kamal was a key player in the recent high profile tax evasion case involving Brent Gilchrist and Scott Anderson.

“We strongly welcome Justice Williams’s decision to lift name suppression for Kamal because it reinforces the message that those who participate and facilitate tax evasion and fraud schemes should be held publicly accountable.

“We believe that tax professionals such as advisors and agents have a duty to uphold the integrity of the tax system and the vast majority work hard to ensure that those they offer help to are operating within the rules. Unfortunately some will try and cheat the tax system as will those who choose to take that advice. The public can be confident that Inland Revenue will take action, including in some cases the removal of the right to act as a tax agent for others.”

Mr Tubb said that Kamal’s company, Accountants First Limited, received invoices from Gilchrist and Anderson for IT services that they never provided. The company paid the invoices for these claims but the money was put into an offshore account.

“For his part in this round robin tax scheme, Kamal kept almost 90 per cent for himself, while the others received the difference as a ‘fee’ for their involvement. Accountants First Limited also altered tax invoices in an attempt to hide the offending, and used the offshore bank account in a tax evasion scheme, redirecting the funds back into New Zealand through paying for work done on Mr Kamal’s house.”

As a result of his offending, Kamal was sentenced last year on five charges of providing false tax returns and one charge of providing misleading information to Inland Revenue intending to evade tax.

“By acting as he did, Kamal has abused the trust placed in him and also used his knowledge and his position to try and cheat the system, but for all that, he still failed and will bear the consequences,” Mr Tubb said.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Govt’s Token Plans For Cyber-Security

Basically, the world is divided into two types of people: those who think the Panama Papers illustrate the bad shit that some people do, and those who think the Panama Papers illustrate what needs to be done to make sure no-one else discovers the shit – good or bad – that they’re doing. More>>

ALSO:

Gordon Campbell: On Pharmac’s Grudging Concession To Reality

Is this any way to run a health system… whereby terminally ill patients are forced into public demonstrations before the government (and its funding agency Pharmac) will grudgingly provide the money for life-saving treatments freely available and publically funded in Australia for the best part of a year? More>>

ALSO:

Labour: Healthy Homes Bill Passes First Reading

Some of New Zealand’s most vulnerable children and families are on their way towards safer living conditions with the passing of the first reading of the Healthy Homes Guarantee Bill in Parliament last night, Leader of the Opposition Andrew Little says. More>>

ALSO:

Werewolf Satire: Home, And A Way

The one thing even more popular than an Auckland house is offering advice on how to afford an Auckland house. So, on the grounds it can’t be worse than some of the stuff that’s out there, here’s my three cents* worth. [*Up 50% since 2013!] More>>

ALSO:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news