Latest Taxation Headlines

Questions & Answers - 3 May 2016

Fri, 6 May 2016 15:38:33 +1200 | Office of the Clerk

1. JAMES SHAW (Co-Leader—Green) to the Prime Minister : On what dates did he discuss with the Minister of Revenue his conversation with Ken Whitney on foreign trusts, and what specifically did he say to the Minister?More >>

Cigarette Related Crime Spree No Surprise

Fri, 6 May 2016 11:34:24 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union is saddened but not surprised that high excise taxes on tobacco are a contributing factor in the recent spate of dairy robberies as reported in today’s NZ Herald. More >>

Gordon Campbell on the govt’s token plans for cyber-security

Fri, 6 May 2016 10:09:48 +1200 | Gordon Campbell

Basically, the world is divided into two types of people : those who think the Panama Papers illustrate the bad shit that some people do, and those who think the Panama Papers illustrate what needs to be done to make sure no-one else discovers the shit ...More >>

Govt’s Inaction Continues to Oblige Foreign Corporates

Thu, 5 May 2016 16:48:34 +1200 | New Zealand First Party

The government is dragging its feet over tackling the issue of multinationals ripping off New Zealand with their avoidance of tax, says New Zealand First. More >>

Government’s weak trusts inquiry lambasted

Thu, 5 May 2016 13:21:10 +1200 | New Zealand Labour Party

The weak and absurd scope of the Government’s inquiry into foreign trusts has been lambasted by Transparency International, Opposition Leader Andrew Little says. More >>

Martin Doyle Cartoon: Tidy Toddy

Wed, 4 May 2016 15:30:15 +1200 | Martin Doyle

If a Witness in Court kept changing their story [as PM John Key and Revenue Minister Todd McClay are], the Judge would likely advise the Jury not to put too much trust in their statements. The current chopping and changing of stories about foreign trusts ...More >>

2016 Budget must close multinational tax loopholes

Wed, 4 May 2016 12:13:47 +1200 | Green Party

The Government can follow Australia’s lead and close the loopholes multinational companies are using to avoid paying their fair share of tax, the Green Party said today.More >>

IRD had foreign trusts review on action plan

Tue, 3 May 2016 16:16:29 +1200 | New Zealand Labour Party

The IRD was so ready to review foreign trusts it had the review on its action plan in November 2014, just before the Revenue Minister met with John Key’s lawyer, says the Leader of the Opposition Andrew Little.More >>

‘Horrific’ Compass Avoiding Tax, New Zealanders Suffer

Tue, 3 May 2016 15:24:27 +1200 | New Zealand First Party

The catering company responsible for providing “horrific” hospital meals to Southern DHB has been undercutting New Zealand businesses by avoiding paying its fair share of tax, says New Zealand First.More >>

Martin Doyle Cartoon: Personal lawyering

Tue, 3 May 2016 14:54:51 +1200 | Martin Doyle

Normally, lawyers represent their clients. But NZ is being treated to a juicy exception at the moment ie where a key lawyer is advocating for himself and 'other' clients but ostensibly not for his key client. Oh, what a tangled web...More >>

Proposed Land Tax will have detrimental long term affects

Tue, 3 May 2016 14:25:39 +1200 | Mark Rais

Proposed Land Tax will have detrimental long term affects Mark Rais The national median price of houses sold last year was $450,000, according to statistics from REINZ (Real Estate Institute of New Zealand). A proposed Land Tax at the recommended ...More >>

Tax Bill to improve, strengthen tax rules

Tue, 3 May 2016 14:12:49 +1200 | New Zealand Government

A wide-ranging tax Bill introduced today proposes technical changes to improve, strengthen and update our tax rules so they continue to work well for taxpayers, says Revenue Minister Michael Woodhouse.More >>

Yule Lobbies for Professional Politicians, Ignores Ratepayer

Tue, 3 May 2016 12:17:16 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union says the Local Government NZ head, Lawrence Yule, is showing his true colours in lobbying for the interests of professional politicians to the detriment of ratepayers and those who pay him. Responding to Mr Yule’s support ...More >>

Q + A: Peter Dunne Interviewed by Greg Boyed

Mon, 2 May 2016 14:47:24 +1200 | TVNZ

GREG Revelations this week that a company set up by John Key’s lawyer lobbied the Government against changing the rules on foreign trusts. So we asked Revenue Minister Todd McClay for an interview, but he wasn’t available, nor was the Prime ...More >>

Silver Fern Farms Must Come Clean on Its Real Finances

Mon, 2 May 2016 13:40:27 +1200 | New Zealand First Party

New Zealand First is again asking serious questions over why the new special resolution on the proposed sale of our largest meat exporter to Chinese SOE, Shanghai Maling, is based upon a document that has been seriously challenged. More >>

Key needs to stop shifting and come clean

Mon, 2 May 2016 09:50:25 +1200 | New Zealand Labour Party

John Key’s position on his lawyer’s offshore trusts lobbying has changed yet again with the Prime Minister admitting he told Todd McClay that Ken Whitney had approached him, says Labour’s Finance spokesperson Grant Robertson.More >>

Fishing industry legal challenge a step too far

Fri, 29 Apr 2016 16:49:16 +1200 | Green Party

The Green Party is calling the fishing industry’s legal challenge against the Kermadec Sanctuary self-serving and a step too far. More >>

OIO must explain Argentine pollution prosecutions

Fri, 29 Apr 2016 12:03:23 +1200 | New Zealand Labour Party

David Cunliffe MP for New Lynn Land Information Spokesperson MEDIA STATEMENT 29 April 2016 OIO must explain Argentine pollution prosecutions The Overseas Investment Office (OIO) has questions to answer about how it safeguarded our sensitive land by allowing ...More >>

Dunne Speaks - The Panama Papers Fall-out

Fri, 29 Apr 2016 10:39:23 +1200 | United Future NZ Party

DUNNE SPEAKS Friday 29 April New Zealand’s tax system is generally well-regarded. In part that is because of our focus on a broad base, low rate approach to personal and corporate taxation, and in part it is because our system is relatively easy to ...More >>

Full independent inquiry needed to save NZ's reputation

Fri, 29 Apr 2016 09:51:02 +1200 | New Zealand Labour Party

Revelations that John Key's personal lawyer and trust advisor led a lobbying campaign to shut down a review of New Zealand's foreign trust regime makes the case for a full scale independent inquiry a matter of urgency, Labour's Finance spokesperson ...More >>

 

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