Parliament

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

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding.

“Civil Defence Emergency Management Groups have acted proactively and decisively to keep people and property out of harm’s way,” says Mr Guy. More>>

 

Employers Pleased: Reports Of Govt Backdown On Low-Wage Immigration

MEA: We are pleased to hear that the Government is planning to review incoming immigration changes with a specific focus on how they will affect the regions. Effectively addressing skills shortages in manufacturing and other sectors needs to remain a core part of our immigration system ... More>>

ALSO:

Gordon Campbell: On The Ch-Ch-Changes At IRD

Job cuts aren’t happening at the IRD, exactly. Instead, there’s apparently a ‘transformation’ in store, and jobs won’t be axed ; no, they will be ‘transformed’ before our eyes into… non-jobs, if you happen to be among the unlucky legion of 1,900 who are being lined up for transformation... More>>

ALSO:

Christchurch Mental Health: Hospital Too 'Awful' For Reviewers To Visit

Jonathan Coleman has to stop the stalling over a new building for mental health services in Christchurch to replace the quake damaged Princess Margaret Hospital, says Labour’s Health spokesperson David Clark... More>>

ALSO:

Greens Call For Govt Action: Children Sick Because Of NZ Housing

The Royal Australasian College of Physicians president-elect said today that children with preventable respiratory illnesses are being re-admitted to hospital because they're being sent back to cold, damp homes. More>>

ALSO:

Less Tax Cut, More Spending: Labour Launches Fiscal Plan

“Labour will invest $8 billion more in health, $4 billion more in education and $5 billion more for Kiwi families through Working for Families, Best Start and the Winter Energy Payment than the Budget 2017 projections for the forecast period.” More>>

ALSO:

Gordon Campbell: On The Greens’ Room For Political Pragmatism

The Greens here are currently being criticized by the commentariat for not making the same kind of pragmatic choices that sunk the Democrats in Australia. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election