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Companies abandon US to dodge tax
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.
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.
It is a time for investor caution as asset prices look increasingly stretched, warns Bank of New Zealand economist Stephen Toplis.
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.
Making a dollar entertaining and trading in streets and parks is about to involve more red tape and expense, with Auckland Council proposing to tighten controls.
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.
With so many people choosing to head off overseas for work it is good to check out how easy it is to bring any superannuation savings back with you when you return.
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.
NZ First would take GST off basic food items and rates bills and would target tax dodgers to fund the expensive policies, leader Winston Peters said yesterday.
New Zealand is doing "extremely badly" at fighting childhood obesity, with major gaps in government policies, a new report says.
The number of US companies reincorporating overseas has shot up considerably in recent decades.
If the Budget Bill English delivered in May was fiscally responsible and appropriately countercyclical.
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.
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.
A Government announcement yesterday has been condemned as an unfair tax grab, a compliance nightmare and no way to make tax law.
Dita De Boni writes, "Although I am a whiney tart at the best of times, I don't hold any animus towards older generations for getting cheap housing, free higher education and easier entry to the job market."
Finance Minister Bill English has defended today’s modest Budget measure to trim the cost of new homes as one step in a larger programme to improve home affordability.