Tax grief: Key's swipe at Labour 'mess'
John Key has stepped up his attack on Labour's capital gains today tax, suggesting it will create a headache for grieving children who inherit their parents' house.
John Key has stepped up his attack on Labour's capital gains today tax, suggesting it will create a headache for grieving children who inherit their parents' house.
Tax is emerging as the battleground heading into the last two weeks before the election with National seizing on Labour leader David Cunliffe's stumble over the details of his flagship capital gains tax policy.
President Obama's denunciation of overseas mergers that lower US companies' taxes is throwing cold water on potential deals.
I joined KiwiSaver the day it started. I am in the Kiwi Wealth balanced fund. I am a 67-year-old retired widow with no other income apart from NZ Superannuation.
A 79-year-old accountant being chased for a $367 million tax debt has asked the High Court for orders to prevent Inland Revenue bankrupting him.
Eighteen American businesses hold 36 per cent of corporate US wealth and they are piling up cash holdings overseas because of discouraging US tax laws.
A look at some of the US firms that have incorporated overseas in moves that some say is robbing the US of billions of dollars in tax revenue.
The upshot of Novopay is this: we spent $110m to get a lemon from an Australian company - which is now being touted as a $15m 'asset', writes Dita De Boni.
In a video interview on nzherald.co.nz, Eaqub said capital gains tax on investment property was often discussed in New Zealand as if it didn't exist - but it already does.
The Financial Services Council is looking to drum up popular support for a campaign to address what it says is the overtaxation of savings.
French tax hikes over the last three years and fiscal breaks provided by Portugal are driving rich French to seek homes in the Atlantic-hugging country.
The number of US companies reincorporating overseas has shot up considerably in recent decades.
Internet giants Apple, Google and Facebook will likely be targeted under plans for a crackdown on tax avoidance by big multinationals which Labour is set to announce today.
Medical device maker Medtronic, is poised to become the biggest firm to escape the US tax system by shifting its incorporation abroad.
Inland Revenue should accept a payment deal rather than bankrupt a 79-year-old accountant being chased over a $367 million debt, says an Auckland tax adviser.
A 79-year-old accountant being chased for a $367 million tax debt is now going to court in a bid to stall the IRD from bringing bankruptcy proceedings against him.
A former Forsyth Barr stockbroker who poured $460,000 into a now-failed internet business says he was unaware of its tax debt.
Large corporations are spending millions of dollars ensuring top executives are kept safe.
Florida is joining 20 other states that collect sales tax on Amazon purchases, meaning just about everything bought there will now cost 6 per cent more.
Taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.
The Treasury still expects the govt to reach its targeted surplus in 2015, even as the current tax-take continues to fall short.
Taxpayers are flocking to websites that promise a tax refund — even if some take up to a quarter of a payout as commission.
You'd be forgiven for mistaking this for a belated April Fool's joke. An app has launched that makes getting money from the Government a painless online process.
The New Zealand government's operating deficit was wider than expected in the first seven months of the 2014 financial year, with a smaller tax take than forecast and lower than anticipated tobacco excise duty.
New Zealanders criticising Google for the low amount of tax it pays in this country should not brand the company as "evil".
Alesco settling its tax-avoidance stoush is likely to lead to companies in similar disputes cutting deals with the IRD, say tax specialists.