"Of course, the laws have been written in such a way so that shareholders can dodge paying taxes through trusts and other loopholes. This seems to have been done on purpose and the politicians don't want to fix it." This is incorrect. NZ has a widely ...
There is no evasion here. Companies pay income tax on company profit at 28%, so that income has already been taxed. Also, shareholders who are on a 33% marginal tax rate must pay an additional 5% resident withholding tax - so you can't reduce your ...
I think you are missing the point. There is no ability to prosecute for breaches of the Privacy Act, because breaches of the Privacy Act are not criminal offences. Edit: For clarity, there are criminal offences under the Privacy Act - but they relate to ...
"... likely prosecution under the Privacy Act ..." As far as I can tell, he can't face prosecution under the Privacy Act as there are no offences under the Privacy Act relating to breach of Information Privacy Principles. Rather, breach of the IPPs is a ...
The fraud charges will never be tested so unknowable. Chris Lee has his own view (see here for a summary: http://robinwestenra.blogspot.com/2012/11/the-alan-hubbard-case.html) that Hubbard did not steal money from Aorangi - but that Hubbard would have been...
The key point is that regional fed banks are not private corporations in any real sense - in particular bank ‘shareholders’ in regional fed banks do not control monetary policy: https://en.m.wikipedia.org/wiki/Federal_Reserve It is the federal government (...
Why do you push the conspiracy that the Fed is not a government agency when it is demonstrably false? https://www.federalreserve.gov/faqs/about_14986.htm
This smelled off and, with just five minutes of google research, yep - looks like your assertions are somewhat misleading. Greenfleet is an Australian not for profit and charity that plants forests to create carbon credits for carbon offset purposes. See ...
If you google it, there are many references to the Iraqi government consenting to air strikes. In terms of Syria - again, if you google it you will find various descriptions of the argument for the legality of the air strikes - which essentially turn on ...
Would you have the same view if the Lords had just vetoed a Labour initiative to increase tax credits?
The somewhat ironic thing is that much of the US opposition to TPP (including, seemingly, from Hillary) is that the deal is not good enough for the US. Put another way, the worry is that the deal is too good for the other TPP members. Interestingly, there ...
Subject to some debate, but Article 138 of the NZ China FTA is the issue: http://www.chinafta.govt.nz/1-The-agreement/2-Text-of-the-agreement/12-Chapt-11-Investment/index.php
Which legislation in particular?
Not sure if you are being sarcastic or serious. Anyway, QEII has no real power so moot.
QEII is our head of state.
Trump is a nightmare for the Republican establishment. However, his recent comments on McCain (http://tinyurl.com/q89o6z6) - and refusal to 'walk them back' gives the mainstream Republican party an angle to attack him.
Heh. You got to it first McFlock. I used AML/CFT as an example below, but the IRD is also a good one. Our tax system is based on self-reporting. Sure, the IRD can and does undertake tax audits - but this covers only a fraction of the transactions and tax ...
Not sure if you are particularly familiar with regulatory frameworks and enforcement. NZ operates largely on a self-reporting/self-compliance basis. The regulators step in when something goes wrong or a complaint is made - they rarely undertake active ...
For those who argue you can't restrict foreign ownership, I call BS. New Zealand already has comprehensive foreign investment rules for foreign investment above $100 million and for foreign investment in sensitive land (such as waterfront property and non-...
Actually, I think that National is hoping that Labour gives up on this. National knows it is greatly exposed on this issue. John Key looks exposed on this issue. National voters - while happy that their Auckland house prices are going up, are also ...
This is a law school classic - a talk by a US law professor on "Don't talk to Cops". https://www.youtube.com/watch?v=i8z7NC5sgik
NZ has a DTA with the USA: http://taxpolicy.ird.govt.nz/tax-treaties/united-states-america
https://www.nzx.com/companies/MEL/announcements/243149
To be fair, even corporates provide for shareholder democracy - with 1 vote per share. An entrenched Board with no member input on governance is something else altogether.
The Rules of New Zealand Taxpayers' Union Incorporated make for interesting reading. Cl 6.7 "Only the Board has the power to appoint new and reappoint members of the Board".
At present, the (effective) tax burden falls disproportionately on the middle class/individuals/families who may have good (or even comparatively high) incomes but low wealth. In contrast, many high wealth individual/families pay very low effective tax ...
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