Auckland waterfront eatery Hammerheads collapsed last in April owing the taxman nearly $400,000, liquidators say.

Legal high company Stargate Operations is being chased by IRD for $850,000.

Auckland may be gaining a reputation as a place where the food matches the scenery, but making a seafood restaurant work on the waterfront is a struggle.

Hammerheads restaurant is in liquidation after occupying a prime waterfront position for more than 20 years.

Auckland Uni tax professor Craig Elliffe says there is a proposal to change the way non-residents NZ-sourced interest is taxed.

Finance Minister Bill English has confirmed that this month’s Budget will see the surplus forecast a year ago turn into a deficit slightly higher than forecasted in December.

A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers under this country's law, an....

Kiwi shareholders in Australian mining giant BHP face paying an unfair tax as the company proceeds with a "demerger" plan.

A Bay of Plenty man has been sentenced to almost a year of home detention after he used backpackers' and other tourists' IRD numbers to file false tax returns.

The tax debate was reignited in Australia this week. Brian Gaynor dissects the Government's 196-page tax discussion paper.

Is it fair big companies extract hundreds of millions of dollars of profit each year from the economy, yet contribute little or nothing to fund a civil society?

Lawyers representing a company which funded the animated comedy series Bro'Town and the IRD have reached a confidential out-of-court settlement.

Eight of the biggest US technology companies added a combined $69 billion to their stockpiled offshore profits.

A legal battle with former chief executive Alex Swney has led Heart of the City to pull funding from cash-strapped projects.

Trinity tax-scheme architect Garry Muir has avoided bankruptcy after Bank of New Zealand was repaid and the action against him withdrawn.

The Government's widely touted return to surplus is likely to take a further 12 months and is largely reliant on cuts to spending.

Opposition parties say new Treasury forecasts that the Crown's books will not return to surplus this year as promised by the Government are an embarrassment.

Australian retail billionaire Solomon Lew has declared war on his Government's failure to charge GST for overseas goods bought online.

Tax compliance costs have increased for New Zealand small and medium-sized enterprises (SMEs) and the sector shoulders a disproportionately higher compliance burden than larger firms, according to an....

Tech giants like Apple keep looking for overseas tax loopholes as their foreign cash has piled up to almost absurd levels.

The US attempt to stop companies from leaving for tax reasons won't stop Pfizer, which is still considering a deal to move.

New Zealand taxpayers have stumped up $153 million via tax rebates for the making of Peter Jackson's Hobbit trilogy after four years of production.

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year.

Terry Serepisos says he is "flabbergasted" after he was arrested and appeared in court because of child support for his 19-year-old son.

A Wellsford man who lied about having five children to receive $120,000 in tax credits has been jailed.

President Obama's denunciation of overseas mergers that lower US companies' taxes is throwing cold water on potential deals.