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

 


NZ Officials participate in OECD BEPS discussions

Hon Todd McClay
Minister of Revenue

3 February 2012 Media Statement

NZ Officials participate in OECD BEPS discussions

Revenue Minister Todd McClay has confirmed that senior IRD officials are to participate in OECD discussions on base erosion and profit shifting (BEPS) in Paris this week.

“In his opening statement to Parliament on Tuesday the Prime Minister stated an intention to maintain a focus on combatting base erosion and profit shifting by multinationals,” Mr McClay says.

“New Zealand’s on-going involvement in OECD discussions over the international response to BEPS further demonstrates the Government’s commitment to working with the international community to tackle this complex issue.”

“My officials are contributing to discussions on the growth of the digital economy, its impact on tax bases, and possible solutions to combatting the BEPS problem.”

"New Zealand’s participation at these forums is highly valued, in part because of the strength and integrity of our domestic tax laws.”

“As New Zealand is becoming more and more attractive as a place to do business and invest in, it is critical that we continue to strengthen our tax rules to ensure overseas companies pay their fair share.”

“Multilateral cooperation is the key to addressing these cross-border issues. Multinational base erosion and profit shifting requires a pragmatic international response; it is clear that it cannot be solved by individual countries working in isolation,” Mr McClay says.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament: Labour And Greens Sign Historic Agreement

The Labour Party and the Green Party have announced today they have signed an historic agreement to work cooperatively to change the Government. The Memorandum of Understanding (MoU) between the parties commits them to working cooperatively to change the Government including closer work at parliament and a possible joint policy announcement or campaign. More>>

ALSO:

Green Party: Suspend Charter Schools, Not Students

Most of the annual reports of the Partnership Schools already opened have been published today... Some schools had unacceptably high rates of suspensions and expulsions, and about half failed to meet all their agreed targets. More>>

Christchurch Rebuild: 'Third Strike For Brownlee From Treasury'

Gerry Brownlee should be hugely embarrassed that Treasury has given the central city recovery its third fail grade in a row, amidst revelations of further delays to the stalled convention centre project, says Labour’s Canterbury spokesperson Megan Woods. More>>

Professor Ian Shirley: The Budget That Failed Auckland

The 2016 budget offered Auckland nothing in the way of vision or hope and it continued the National Government’s threats against the Auckland Council. Threatening the Council with over-riding its democratic processes if it fails to release land for housing is a bullying tactic aimed at diverting attention away from the fundamental problems with housing in the region. More>>

ALSO:

Plain Packs Plan: Gordon Campbell On Tobacco Politicking (And The TPP Death Watch)

Has Act leader David Seymour got the easiest job in the world, or what? Roll out of bed, turn on the radio and hmm…there do seem to be a lot of problems out there in the world. Must think of something. And so it came to pass that this morning, David Seymour took up his sword and shield to fight for a world that’s about to be denied the rich and vibrant beauty of tobacco advertising. More>>

ALSO:


RECENT TPP MEETING:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news