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Foreign firms face tax clash
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.
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.
Today's final rush to complete pre-Christmas shopping will also complete a highly successful period for retailers.
Editorial: If the IRD is known for unilateral and unexplained actions against its targets, Customs inhabits a peculiar twilight zone at the border.
To suddenly talk about tax cuts would send a very mixed message about the need for continued restraint in government spending, writes John Armstrong.
A High Court judge has rebuked the IRD, calling its application to freeze $462,000 in the bank account of a Rotorua woman "misleading".
Editorial: What is it about Hollywood that causes the Government to go weak at the knees?
Inland Revenue has lost a High Court fight with NZX-listed Trustpower over whether $17 million the electricity company spent on resource consents was tax deductible.
Their long-term inability to fully belong in their adopted country, suggests that the present policies are unsustainable, writes Dr Kate McMillan and Paul Hamer.
US Treasury Secretary Jacob Lew has issued a categorical warning that the United States will default on its US$16.7 trillion debt.
Japanese manufacturers are increasingly optimistic about the business outlook in the months ahead.
A Wellington businessman has been sentenced to three years and six months in prison for his part in an aggressive tax evasion scheme.
It's time to make Google, Apple and other multinational companies pay more taxes, say G20 leaders.
The Inland Revenue Department has clawed back more than $18 million from people who paid themselves artificially low salaries.
Churches have become corporate onshore tax havens which are subsidised by taxpayers so that the religious can pursue the supernatural, writes Max Wallace and Robert Nola.
New Zealanders who have money saved in Australian superannuation schemes should think carefully before choosing to bring their money home, says a financial adviser.
Inland Revenue says the conviction of three businessmen for tax evasion today shows there are consequences when the rules are broken deliberately.
A capital gains tax on property makes little sense unless it also applies to the family home, says Bill English.
One of the last tax taboos, an explicit capital gains tax, doesn't generate the opposition it once did, writes Thomas Pippos.
A major new global plan aimed at forcing multinationals to pay more taxes has been described as underwhelming and disappointing by a Kiwi tax expert.
Tightening up on the various tricks and techniques used by the wealthy and less ethical for tax avoidance may bring the Govt more money, writes Pat Pilcher.