Govt accounts still in deficit as lumpy tax take persists

Friday 29th November 2019

The government's accounts were still in deficit in the first four months of the fiscal year as the Inland Revenue Department's new systems saw some of the corporate tax take recognised in the previous year. The operating balance before gains and losses was a deficit of $1.08 billion in the four...

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https://businessdesk.co.nz/article/govt-accounts-still-in-deficit-as-lumpy-tax-take-persists

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