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Critic's claim not so super
Tax

Critic's claim not so super

The Taxpayers' Union's trenchant criticism of the NZ Superannuation Fund, over its poor investment in Portugal's Banco Espirito Santo, shows the dangers of viewing problems through ideological goggles.

Foreign trusts in IRD sights
Tax

Foreign trusts in IRD sights

The Inland Revenue Department is taking aim at the use of New Zealand trusts by foreigners to shield their income and assets from tax in their own countries following pressure from its overseas....