“..The Court of Appeal has rejected a bid by a pair of high-profile Auckland businessmen to have an Inland Revenue search and seizure operation declared unlawful…”

“..Inland Revenue conducted the raids last March at homes and business premises related to property developer Honk Group.

Honk Group’s directors are Andrew Tauber – a former tax accountant with Ernst & Young -

- and Paul Webb – co-founder of collapsed domestic airline CityJet – and former Dragon’s Den panelist.

The Honk companies and related parties were under investigation for income suppression -

- claiming tax deductions without entitlement -

- and tax avoidance…”
(cont..)

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Pair lose appeal over IRD raids | Stuff.co.nz.