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.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Key In NY: Prime Minister Addresses United Nations

    Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


    Gordon Campbell: On The Lack Of Accountability Over Philip Smith

    In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


    More On Corrections

    Gordon Campbell: On Putin’s Diplomatic Coup Over Syria

    There’s a simple historical precedent for what is occurring in Syria. During WWII, the Allies joined forces with a known butcher and tyrant – Joseph Stalin of the Soviet Union – in order to defeat a greater evil, Nazi Germany… More>>


    Key 'Didn't Know': Brownlee Seeks Pandas In China

    While Defence Minister Gerry Brownlee is in China pushing a taxpayer funded deal to bring two pandas to New Zealand, the country’s military look set to be hit with a pay freeze, Opposition Leader Andrew Little says. More>>


    Scoop Business: GCSB Willing To Extend Cyber-Attack Programme To Local ISPs

    The Government Communications Security Bureau’s ‘Cortex’ cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet service providers is still on the cards... More>>


    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news