Tide going out on tax secrecy
Government announcements on pay-as-you-go rules and greater IRD disclosure powers welcomed by experts.
Government announcements on pay-as-you-go rules and greater IRD disclosure powers welcomed by experts.
John Shewan, the Government appointed expert in charge of reviewing our tax regime, advised the Bahamas on exempting taxes.
New tax rules might be more convenient for small business, but IRD is getting new powers to share tax details with others.
Prime Minister John Key has made an embarrassing disclosure of a link to a company specialising in foreign trusts.
A Kiwi family with two children on a single income pays the least amount of income tax in the OECD.
Investors are back in a heated Auckland property market and rapidly rising house prices are fuelling the fire.
It would be useful to hear the conclusions of someone from outside, not least because the Panama Papers call into question New Zealand's good faith as an international citizen.
COMMENT: Switzerland has attracted foreign capital to its banking system offering a mixture of secrecy, preferential tax treatment and creative corporate structures.
John Key says independent review of foreign trusts likely to go ahead but he has no intention of releasing his tax records.
New Zealand-based investors are selling out of Diligent Corp before the company is acquired by venture capital firm Insight Venture Partners.
COMMENT: What to do about the problem of uninsured Kiwis? Many are woefully exposed when it comes to their life and health cover.
The resignation of Iceland's PM adds to a series of unfortunate events, seeing Iceland fall both in and out of favour.
David Baty, the director of Prestige Events, still hasn't handed over ute prize to contest winners.
New research show vastly different money habits and attitudes between home owners and those who don't own property.
COMMENT: The fact that so many of the people wrapped up in the Panama Papers are in government shows there's no political will to change the situation, writes Raybon Kan.
Which New Zealand shares are the biggest cash earners?
Prime Minister John Key is just one of many who say the amount of tax paid here by some multinational companies isn't fair.
Americans don't need to go to Panama - they have a thriving offshore industry at home.
A businessman with close links to the Mexican President set up a series of shell companies in New Zealand.
Inland Revenue is trying to get information on New Zealanders who have dealt with Panamanian law firm Mossack Fonseca.
A New Zealander has been named as a director for thousands of shell companies revealed in the Panama Papers as being used to avoid tax by wealthy clients.
COMMENT: The fact that New Zealand's trust regime is caught up in the midst of it all will be a surprise to many Kiwis.
COMMENT: Two weeks ago we considered the low interest rate environment, concluded that it was here to stay, writes Brent Sheather.
The Panama Papers leak has revealed how the rich and powerful have hidden their billions.
COMMENT: John Key on trusts sounds a bit like a cracked record.