Pubcaster’s plans hit tax snag

World Brief

AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary.

However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million capital gains tax. The twelfth-hour change is the latest of several setbacks in the government revamp of public broadcasting.

More TV

  • THE EXPANSE -- "Intransigence" Episode 309

    'The Expanse' Moves to Amazon for Season 4

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • Arrested Development Season 5 review

    TV Review: 'Arrested Development' Season 5 on Netflix

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • Showtime Executive, Gary Garfinkle.Photo: Cliff Lipson/CBS©2012

    Gary Garfinkel, Co-Head of Content Acquisitions at Showtime, Dies at 55

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • KIM POSSIBLE - The cast of

    'Kim Possible' Disney Channel Movie Casts Its Dr. Drakken, Shego, Other Key Characters

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • Ted Danson Remote Controlled Podcast

    Remote Controlled: 'The Good Place' Star Ted Danson on His 'Delicious' Role

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • Josh Holloway Colony

    Josh Holloway on Season 3 of 'Colony' in Trump Era: 'It's Scary, the Parallels of This Show'

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

  • Mick Betancourt Joins Syfy's 'Deadly Class'

    Mick Betancourt Joins Syfy's 'Deadly Class' in Showrunner Switch

    AUCKLAND — Government plans to split transmission assets out of Kiwi pubcaster TVNZ have been pushed back from July 1 to December due to tax implications for its Australian subsidiary. However, Broadcasting Minister Steve Maharey declined to elaborate on what the problems were. Opposition politicos claim the change will make TVNZ liable for $11 million […]

More From Our Brands

Access exclusive content