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7 Nov 2025 23:25
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  •   Home > News > Rural

    The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis

    The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis


    Federated Farmers says an unusual situation is causing some farmers who have culled stock, to be paying tax as if they've made a profit - when they clearly haven't.

    Stuart Nash says it's a technical issue and will need careful consideration.

    He says he'll respond to Federated Farmers once he receives advice from Inland Revenue about his options.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
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