Labour has set up a petition:
Demand action on tax dodging
Big multinational corporations are exploiting our weak tax laws to shift the profits they make in New Zealand offshore and avoid paying their fair share of tax here. The Tax Justice Network estimate New Zealand could be missing out on up to $7 billion a year as a result.
And the release of the Panama Papers shows that New Zealand has become a tax haven for the world’s mega-rich to hide billions of dollars here.
National is refusing to act to stop this — despite mounting pressure for a full inquiry into tax dodging in New Zealand.
We’ll deliver this petition to Parliament where a Select Committee will consider it. The more of us who sign the petition, the more likely it is the Select Committee will launch an urgent inquiry.
Will you sign the petition?
The result of multi-national tax-dodging: less for health, less for education, and middle NZ pays the price. pic.twitter.com/p0v51cQfzg
— New Zealand Labour (@nzlabour) May 10, 2016