![Alex Malley: Multinational tax under the microscope](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Alex Malley: Multinational tax under the microscope
COMMENT: Companies with operations in multiple jurisdictions will seek to maximise their opportunities to reduce their tax bill.
COMMENT: Companies with operations in multiple jurisdictions will seek to maximise their opportunities to reduce their tax bill.
COMMENT: John Key has now ordered a tax expert to look into the trusts here, presumably to reassure us that there's not one rule for the rich and another for PAYE plodders, writes Barry Soper.
COMMENT: Switzerland has attracted foreign capital to its banking system offering a mixture of secrecy, preferential tax treatment and creative corporate structures.
John Key says independent review of foreign trusts likely to go ahead but he has no intention of releasing his tax records.
It's frustratingly ironic that we discover New Zealand helps rich foreigners to dodge tax.
New Zealand-based investors are selling out of Diligent Corp before the company is acquired by venture capital firm Insight Venture Partners.
COMMENT: If I were the Labour Party, looking at five more years without power, I would be doing some serious work on the tax issues coming to light lately.
COMMENT: Without realising it, we are becoming just like other countries where it is accepted that government serves the interests of the rich, writes Bryan Gould.
One of the journalists behind the massive Panama Papers leak criticises New Zealand's laws around foreign trusts.
The resignation of Iceland's PM adds to a series of unfortunate events, seeing Iceland fall both in and out of favour.
COMMENT: The fact that so many of the people wrapped up in the Panama Papers are in government shows there's no political will to change the situation, writes Raybon Kan.
The law change will mean paying more to watch content on Netflix.
Prime Minister John Key is just one of many who say the amount of tax paid here by some multinational companies isn't fair.
COMMENT: NZ's Foreign Trust laws don't require public disclosure of the trust's accounts - so it doesn't get much better if you're a crook and hiding assets, writes Larry Williams.
Inland Revenue is trying to get information on New Zealanders who have dealt with Panamanian law firm Mossack Fonseca.
A New Zealander has been named as a director for thousands of shell companies revealed in the Panama Papers as being used to avoid tax by wealthy clients.
COMMENT: The fact that New Zealand's trust regime is caught up in the midst of it all will be a surprise to many Kiwis.
COMMENT: John Key on trusts sounds a bit like a cracked record.
The Panama Papers leak has revealed how the rich and powerful have hidden their billions.
To make trusts more transparent and accountable ought not compromise the ease and speed of company registrations in this country.
The naming of NZ as a tax haven which allows foreign investors to hide their income in secretive trusts will not force the Government to change any tax rules, John Key says.
From soccer stars to Saudi kings, some of the wealthiest people in the world have been exposed by massive leak of tax papers.
COMMENT: Are the fortress walls of offshore secrecy now finally cracking?