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

 


Tobacco Industry Set to Fleece NZ Taxpayers

Andrew Williams MP
Spokesperson for Revenue
18 January 2013

Tobacco Industry Set to Fleece NZ Taxpayers

New Zealand First is calling on the Government to explain why it allowed vast quantities of cigarettes to be imported and stockpiled at the end of 2012 so they could be re-exported overseas and increased taxes claimed back by the tobacco industry.

Revenue spokesperson Andrew Williams says the tobacco industry plan will see it make big tax gains following the 10 per cent increase on tobacco tax which came into effect on January 1.

“'They were even chartering planes at huge expense to fly cigarettes into the country and stockpiled in warehouses to meet the 31 December deadline. That's how lucrative this scheme is,” Mr Williams says.

“The Government has not picked up on the loophole which will see companies stand to make tens of millions of dollars for doing nothing. They won't even have to sell the cigarettes in New Zealand.

“Soon they will be on ships back to Asia while New Zealand taxpayers will be paying out large tax rebates to these operators.

“The Ministers of Revenue and Customs need to quickly step in and seize the merchandise pending investigations, and close the tax rort that is being peddled under their noses,” says Mr Williams.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Midwives On Pay Equity: Historic Bill Of Rights Case For High Court

“We have been left with no choice.” That from Karen Guilliland, the Chief Executive of the New Zealand College of Midwives, as the organisation prepares to file a pay parity discrimination case on the basis of gender under the NZ Bill of Rights Act in the High Court. More>>

ALSO:

Gordon Campbell: On The Children’s Commission Report On CYF

Accusing the overworked and underfunded staff at Child, Youth and Family of a “dump and run culture of neglect” is the kind of luxury that a Children’s Commissioner can afford to indulge in from his own comfy perch in the bureaucracy. More>>

ALSO:

Mt Eden Prison: Serco Inquiry Extended

A two month delay to the Government investigation into prison fight clubs shows the extent of problems within the Serco circus, says Labour’s Corrections spokesperson Kelvin Davis. More>>

ALSO:

Health And Safety: Late Addition Of National Security Provisions A Concern

The New Zealand Law Society has expressed its significant concerns at the last-minute addition to the Health and Safety Reform Bill of provisions for a closed material procedure for court proceedings where national security is involved. More>>

ALSO:

Rugby And Beer: World Cup Alcohol Bill Passes

ACT MP David Seymour’s Sale and Supply of Alcohol (Extended licensing hours during Rugby World Cup) Bill completed its third reading by 99 to 21... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news