COMMENT: The time has come for the New Zealand Government to take similar action to close the profit-shifting loopholes that these corporations are exploiting in our country.

Tax officials formally scheduled a review of NZ's foreign trusts regime a month before the PM's lawyer began lobbying, the Labour Party says.

The New Zealand branch of the pharmaceutical giant Pfizer sent tens of millions offshore while paying virtually no tax.

COMMENT: Now that the Prime Minister has let the land tax genie out of the bottle we should all have a good close look to see which version suits us best.

PM John Key this week proposed a new tax on offshore purchases. Could the Government be doing more?

We need data on the activity and influence of foreign property investors before committing to the risks and costs associated with a selective land tax, says Bob Buckle.

COMMENT: The Panama Papers have renewed calls over the last few years to make all tax returns public. This is already so in Sweden and Norway.

COMMENT: The signs of wealth are easy to see in Panama - but how did it get that way, and is there a New Zealand connection?

Some of this country's biggest revenue generators are foreign-owned companies you may never have heard of.

COMMENT: Lessons from the Panama Papers.

Trade Minister Todd McClay says the Government is assessing the implications of recent regulatory changes in China's cross border e-commerce market.

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.

Diligent will now delist from the NZX after ten years.

Prime Minister John Key has made an embarrassing disclosure of a link to a company specialising in foreign trusts.

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: Companies with operations in multiple jurisdictions will seek to maximise their opportunities to reduce their tax bill.

COMMENT: John Key has now ordered a tax expert to look into the trusts here, presumably to reassure us that there's not one rule for the rich and another for PAYE plodders, writes Barry Soper.

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.

The resignation of Iceland's PM adds to a series of unfortunate events, seeing Iceland fall both in and out of favour.

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.

The law change will mean paying more to watch content on Netflix.

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.