Sky News Business Editor Ross Greenwood has unpacked the driving force behind the staggering number of insolvencies in the construction industry, with the tax office largely to blame for the mass collapse.
Sky News Business Editor Ross Greenwood has unpacked the driving force behind the staggering number of insolvencies in the construction industry, with the tax office largely to blame for the mass collapse. Picture: Getty Images Greenwood explained the price of land was so expensive at the moment that builders were struggling to turn a healthy profit, let alone finding a buyer to purchase the property from them.
According to the Alares data, the number of businesses owing more than $100,000 in overdue tax by more than 90 days exceeded 27,000.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Giant $400 million building company Stevens Construction collapsesThe firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects.
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