John Malcolm Carr who holds both New Zealand and United States citizenship owns Cornish Point Development Limited (Co. No. 841571, Incorp. 24/02/97) which is the listed proprietor of at least seven New Zealand properties.
Photo 1: http://www.carr.co.nz/images/jmc.jpg
Photo 2: http://www.bankler.com/AboutUs/JohnMCarr/tabid/130/Default.aspx
Photo 3: https://www.linkedin.com/in/johnmalcolmcarr
The tax residency status of John M Carr has become a critical issue in the ongoing investigations by various NZ agencies, as it has become clear that he is involved through his companies in major property development – a number of which are owned by a Florida-based corporation of which he is both Principal and registered agent. (One automatically has New Zealand Tax Residency status if one resides in the country for more than 183 days over any 12-month period). His Attorney, Alan Bevin McKay, of Checketts McKay Law Limited, Cromwell, was the agent who acted for him and the company he directs – Shelf Company No. 10 Ltd – in the purchase of a 3 million dollar property – 92 M Greenwood Rd, Pakiri, near Wellsford – on 4 October 2005. Another company Mr Carr directs – Kinetiq Ltd – which is owned by the Florida corporation, owns two Auckland properties, one a luxury accomodation unit on Waiheke Island.
Mr John M Carr was appointed director of Cornish Point Development Limited (CPDL) on 1 April 1998. Its current registered office and address for service is recorded on the Companies Office website as Unit 13, 33-35 Apollo Drive, Mairangi Bay, Auckland and its share register is recorded as held at 14/31 Greenlane Rd, Remuera, Auckland 1136. However, the National Enforcement Unit of the Companies Office has tried unsuccessfully to contact Mr Carr at both these addresses since July 2009 in its attempt to follow up on a number of formal complaints raised with the Office by the Society over the companies Mr Carr directs.
Why has the tax residency status of Mr Carr become a critical issue in the ongoing investigations over Mr Carr’s companies? Because it has become clear that he is involved through his professional association (P.A.) and linked companies, in major property development. For example, the Florida-based P.A. – Carr Consultancy P.A. – of which he is both Principal and registered agent, owns NZ registered company PJ Digital Ltd with a 50% stake in Carrlandazz Holdings Ltd (Co. No. 1241246, incorp. 25/09/02). The latter NZ company has purchased 26 properties in Central Otago over recent years and sold them on for profit.
Cornish Point Development Limited (CPDL), directed and owned by US/NZ citizen John M Carr, is the current proprietor of the following seven NZ properties:
- No 289 Cornish Point Road, Cromwell, Otago 9384. OT 14C/995 Lot 4 & Lot 9 DP 22575. A 3,990 square metre iconic lake front property in Cromwell, overlooking Lake Dunstan. Title transferred to BBS Insurance Company (NZ) Ltd on 25/11/93, a company directed by John Carr since 24/05/91. Title then transferred to Cornish Point Development on August 27, 1998. Current Mortgage with Westpac NZ Limited secured 14/09/07.
- OT 17D/628. Lot 2 DP 25773 Area 108.9414 hectares bounded on one side by Cornish Point Road. Current Mortgage to Speirs Group Limited 4/01/07.
- CT 173127 (Prior Reference OT 17D/643) Lot 6 DP 342095. Area 8.0725 hectares. Original Proprietors Cornish Point Development Ltd. Current Mortgage to Speirs Group Limited 4/01/07.
- CT 173128 Otago
- CT 173129 Otago
- CT 173130 Otago
- Tiri View Place, Waiake, North Shore
Note: Source: The Public Record (LINZ). CT = Certificate of Title