Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Dunne evades tax haven questions

8 October 2012

Dunne evades tax haven questions

Peter Dunne’s relaxed attitude to wealthy foreigners using New Zealand as a tax haven is in stark contrast to his crackdown on paper boys and workers with car parks, says Labour’s Revenue spokesperson David Clark.

“The number of foreign trusts based here for overseas billionaires to get away tax free has almost doubled since National came to power.

“There is a serious ethical issue here. These people, who are often rich families in poor countries, aren’t paying their fair share. That’s not something New Zealand should be supporting. It’s not the Kiwi way.

“This is the same attitude they have to wealthy New Zealanders avoiding tax. The Government isn’t worried about wealthy Kiwis or foreigners not paying their fair share. Labour will ensure everyone pays what they owe.

“Revenue Minister Peter Dunne is far too relaxed and hands-off about the wealthy paying their fair share. He seems to have caught the ‘nothing I can do’ disease from his National colleagues. To attempt to explain away this dubious practice as ‘legitimate tax avoidance’ as he did on 60 Minutes and say there’s nothing he can do is simply not on.

“National has forced the ordinary New Zealander to carry the can for our economic troubles by cutting spending and scratching around for new things to tax, the latest wheeze being car parks. It sticks in the craw to see overseas billionaires using this country to avoid paying taxes.

“We are in danger of losing our hard-one reputation as an ethical and respectable country. Peter Dunne’s relaxed attitude to overseas tax avoidance and National’s failed attempts to create a foreign funds hub shows the Government has no concerns about us becoming the Cayman Islands of the South Pacific,” says David Clark.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Royals: The Prince Of Wales And Duchess Of Cornwall To Visit

Prime Minister John Key welcomes today’s announcement that the Prince of Wales and The Duchess of Cornwall will visit New Zealand in November. This will be the second joint visit for Their Royal Highnesses to New Zealand. More>>

ALSO:

Tracey Martin Replaced: Ron Mark Is New New Zealand First Deputy Leader

Clayton Mitchell was the successful candidate for the Associate Whip position. Winston Peters was re-elected as Leader by the Caucus. Ron Mark was elected as the Deputy Leader with effect from 10am, Friday, 3rd July. More>>

ALSO:

Rebuild Rebrand: "Regenerate Christchurch" To Replace CERA

The regeneration of Christchurch will be the city’s focus for the next five years as local leadership progressively takes control of the rebuild, Canterbury Earthquake Recovery Minister Gerry Brownlee says. More>>

ALSO:

Nauru: Scholars Urge Minister To Act On Deteriorating Democracy

“Since the 2013 election in Nauru, there has been a series of disturbing developments on the islands that indicate a severe deterioration in the state of its parliamentary democracy and in the rule of law,” say the scholars. More>>

ALSO:

Foreign Affairs: NZ Begins Presidency Of UN Security Council

Prime Minister John Key has welcomed the start of New Zealand’s month-long Presidency of the United Nations Security Council in New York. More>>

ALSO:

Labour: Cash For Charter Schools, Mould For State Schools

“Recently released financial statements show the Whangarei charter school He Puna Marama received $3.9 million in government funding to the end of last year. Yet their audited accounts show they only spent $1.4 million on education, leaving almost $2.5 million over two years unaccounted for." More>>

ALSO:

Kiwirail Plans Shift From Electric: National Urged Not To Take Backwards Step

The National Government shouldn’t drag New Zealand backwards by replacing its climate friendly electric trains with carbon-polluting diesel trains, the Green Party said today. More>>

ALSO:

Capital Connection:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news