Two southern businesses have been placed in liquidation for appearing to fail to account for taxation.<\/p>\n
Invercargill-based building firm L K McCormack was placed in liquidation in the High Court at Invercargill on March 12, owing an estimated $339,000.<\/p>\n
That was on the application of the commissioner of Inland Revenue Te Tari Taake and the official assignee was appointed liquidator.<\/p>\n
The company \u2014 whose sole shareholder and director was listed as Logan Kevin McCormack \u2014 had ceased trading, the liquidator\u2019s first report said.<\/p>\n
Communication had been established with Mr McCormack to obtain the company\u2019s financial statements and a statement of affairs.<\/p>\n
They were investigating whether there were any assets of benefit to creditors, the report said.<\/p>\n
Wh\u0101nau Shearing was placed in liquidation in the High Court at Dunedin on March 12, also on the application of the commissioner and the official assignee was appointed liquidator.<\/p>\n
The company \u2014 whose sole director and shareholder was listed as Philisea Halliday, of Gore \u2014 ceased trading in October 2025 and total claims were estimated at nearly $482,000, the liquidators first report said.<\/p>\n
Establishing communication with the director to obtain the company\u2019s financial statements and a statement of affairs was in the works, the report said. \u2014 Allied Media<\/p>\n","protected":false},"excerpt":{"rendered":"Two southern businesses have been placed in liquidation for appearing to fail to account for taxation. Invercargill-based building…\n","protected":false},"author":2,"featured_media":391029,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":{"0":"post-391028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-new-zealand","10":"tag-newzealand","11":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/391028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=391028"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/391028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/391029"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=391028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=391028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=391028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}