Parliament

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

Turei To Be Interviewed By MSD: Gordon Campbell On The Real Truth Deficit In Welfare

It has been astonishing to see the amount of time and energy being spent on what Greens co-leader Metiria Turei did or didn’t do properly as a beneficiary back in the early 1990s – as compared to how little time and energy is being put into the point of her personal example.

Turei was citing her case in order to query whether much has changed – especially when it comes down to whether the current benefit levels and targeting rules at WINZ are helping or hindering today’s beneficiaries to escape from poverty. More>>

 

Gordon Campbell: On The Bojo Visit

British Foreign Minister Boris Johnson is in town, just over a year since his political career peaked… and then wobbled off into a grey zone of indecision… Currently, Johnson is touring the former colonies, talking up the historical ties. More>>

ALSO:

Tertiary Ed: Government Responds To Productivity Commission

The work programme will focus on four key areas. • Creating a more student-centred system • Meeting the needs of industry through relevant, responsive, and supportive teaching • Improving performance across the system • Enabling and encouraging innovative new models and providers More>>

ALSO:

PM's Science Advisor: Youth Suicide In NZ Discussion Paper

The paper discusses the multiple factors involved in youth suicide and possible and evidence-based approaches to prevention. It points out the very different context in which young people now live their lives and the challenges of the transition from childhood to adulthood. More>>

ALSO:

Drug Deaths: Accurate Information Is Vital

Drug Foundation: The spike in hospital admissions and reported deaths in Auckland as a result of people taking unknown substances is not being helped by an information vacuum. More>>

ALSO:

Backing Dunne & Seymour: National Signals Election Intentions

“We are encouraging National supporters to give their electorate vote to ACT candidate, David Seymour, in Epsom, and United Future candidate, Peter Dunne, in Ohariu – and their party vote to National." More>>

ALSO:

Climate Policy: Govt's New Proposals For ETS

“Last year, as a result of stage one of the review, we announced the phase out of the one-for-two measure in the ETS. I am now announcing further changes as a result of stage two of the review.” More>>

ALSO:

PM's Press Conference: Boris, Infrastructure, Immigration, Drugs

Prime Minister Bill English opened this week's post-cabinet press conference by revisiting that day's announcement of 'Crown Infrastructure Partners'... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election