“John Key’s decision to
appoint John Shewan to review New Zealand’s dodgy foreign
trust rules shows a serious lack of judgement . . . A closed
door review led by Mr Shewan will not restore our
international reputation which has been so damaged by the
Panama Papers.”
“John Shewan’s report into
foreign trusts is a rebuke to John Key . . . Labour supports
the improved disclosure and transparency recommendations of
the Shewan report. These will make for a system that is more
open and will give foreign Governments greater ability to
track down those who are avoiding their tax
obligations.”
“By trying to have it both ways,
Labour have lost all credibility on this issue,” says ACT
Leader David Seymour.
“It’s telling that Andrew Little
is no longer trusted to comment on tax issues, with Grant
Robertson taking over the portfolio to save him from the
appearance of
hypocrisy.”
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