Latest fromInland Revenue

Masala owners fight police property freeze
27 properties - some worth nearly $3m owned by those linked to the Masala restaurant chain will stay frozen.

Tide going out on tax secrecy
Government announcements on pay-as-you-go rules and greater IRD disclosure powers welcomed by experts.

IRD to get new power to share tax secrets
New tax rules might be more convenient for small business, but IRD is getting new powers to share tax details with others.

Hunt for Kiwis linked to Panama scandal
Inland Revenue is trying to get information on New Zealanders who have dealt with Panamanian law firm Mossack Fonseca.

Student loan arrest: Repayments up
The border arrest of a man over his student-loan debt has contributed to a surge in repayments, Inland Revenue says.

Are executive incentives too generous?
Executive incentive schemes aim to boost company performance. But is it too easy for top bosses to get a reward?

Craig Elliffe: Others' tax tactics worth a look for NZ
International tax issues are bubbling away again with the recent revelation from the NZ Herald that multinationals operating in NZ pay just $1.8 million of tax on revenue of $10 billion.

Serepisos liquidation ends, creditors $2m short
Liquidators of Terry Serepisos's Century City group have completed their wash-up with about $2 million owing to unsecured creditors.

Shine comes off gold ownership
Kiwis who make a profit after selling gold or silver bullion should pay tax on it according to the Inland Revenue Department.

Rodney Hide: Kiwi Big Brother is watching you
The Government mostly needs no warrant and companies hand over information even if not legally obligated to do so, writes Rodney Hide.

Erceg brother's quest hits a brick wall
Bid to uncover liquor magnate's trust records is dealt another blow.

10 rack up $3m in loans for study
Worried about the size of your student loan? The top 10 borrowers each owes more than $300,000, new figures supplied to the Herald reveal.

Masala: From hot food, to frozen assets
Thirty three properties across Auckland are tied up in a $34m asset freeze - New Zealand's biggest such case.

Editorial: Plenty worse tax dodgers than tradies
Crackdown on cash jobs is welcome, but IRD should not forget corporate big fish.

Crackdown on cash jobs
Inland Revenue is cracking down on the black economy after many tradies admitted knowing of cash jobs worth more than $20,000.

Tax evaders living the high life
A couple convicted of fleecing almost $1 million from the taxpayer between them by not paying GST are still living a life of luxury.

Kiwis flying home could be arrested
Defaulted on your student loan before heading overseas? Then the Inland Revenue has a Christmas message for you.

Bankrupt: The man who owes $500m tax
It's the end of the road for veteran tax battler John George Russell, who has just been declared bankrupt after a long legal battle with the IRD.

NZ's super rich in taxman's sights
There are a number of super rich Kiwis who declare income of less than $70,000 a year.

Brian Gaynor: Auckland lacking apartments
One of the main differences between Auckland and the three major East Coast Australian cities is the huge number of apartments.

Brian Gaynor: Apple and tax
Why is IRD billing an 81 year old New Zealander $40m a year while Apple has an annual tax bill of less than $10 million?

Business Insider: $500m man calls it quits in battle with IRD
John George Russell - accountant, former merchant banker, 81-year-old and some $500 million in debt to the IRD - is finally raising the white flag.

$500m tax debt, and out of options
High Court has rejected the only proposal that stood between 80-year-old accountant and bankruptcy

Attempts to unravel Korean tax tangle
Inland Revenue cites international tax agreement as it refuses to hand over documents, judge is not persuaded that's a good reason to enforce secrecy.

Capital tax unfair, says Hawkins
New Zealanders are being taxed on their own capital because of unfair rules covering shares in demerged companies, but the Government argues the Inland Revenue Department does not have the resources....

Court to rule on $500m tax debt plan
An 80-year-old accountant who owes Inland Revenue around $500 million wants the High Court to approve his proposal to pay $1000 a week off the debt.