
Opinion: Privatisation triumphs again
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.
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.
More than six decades after it achieved independence, India may be on the verge of a single goods and services tax, after India's PM warmed to the idea.
Q: I was listening to the radio and I heard a Labour MP say that under Labour not only would KiwiSaver be compulsory but a capital gains tax would apply to it.
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.
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.
Tax breaks for Apple, Starbucks and Fiat are under investigation in a clampdown on special treatment for companies.
Inland Revenue has won a $367 million judgment against a 79-year old accountant for an unpaid tax debt.
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.
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.
Most of those who seek to reduce their tax obligations are net contributors to our society, writes Damien Grant. The only complaints against them are they do not pay enough.
Name suppression has been lifted on a Wellington accountant found guilty of providing false tax returns and misleading information to the Inland Revenue.
Editorial: Tax avoidance is an easy populist button for parties of the centre-left but Labour appears to be doing some serious research of the subject.
Labour says it will tackle "aggressive tax avoidance" by multinationals such as Facebook and Google which it says is costing the taxman hundreds of millions of dollars.
The amount of lost tax revenue from "under-the-table" activity is likely to be roughly the same size as the 2013 Govt deficit, writes Thomas Pippos.
The Christmas holiday break is a great time to take stock, regroup and think about the shape of your business for the year ahead. Tax risk management should form a part of those reflections.