Tax expert hails 20% deduction as golden opportunity for agribusiness investment
A tax advisory specialist is hailing a 20% tax deduction to spur business asset purchases as a golden opportunity for agribusiness.
Some on social media are calling it a Government bailout for a struggling dairy co-op.
The taxpayer-funded loan will help Westland construct $22m plant for specialty products.
One prominent finance commentator says the deal smells bad and wants more details to be made public. He tweeted “Looks like the taxpayer is now a bank.”
