Written By: - Date published: 7:07 am, April 18th, 2016 - 111 comments
Gareth Morgan estimates that NZ could be missing out on up to 25% of total income tax because the rich aren’t paying their fair share. What could a government do with an extra $7.5bn a year?
Written By: - Date published: 2:59 pm, April 15th, 2016 - 29 comments
It is clear from John Key’s irresponsible reaction to accusations of NZ being a loosely controlled tax haven, that we are becoming an international target. Contrast that with European reactions, and then have a look at the David Brin’s prophetic reasons for the fictional Helvitica War…
Written By: - Date published: 10:47 am, April 14th, 2016 - 41 comments
An interesting piece in The Guardian looks at the costs of tax evasion, and how (in America) the missing funds could be used to fund a UBI.
Written By: - Date published: 4:40 pm, April 12th, 2016 - 66 comments
Well well well.
Written By: - Date published: 12:31 pm, April 12th, 2016 - 74 comments
John Key’s solution to the exposure of his ludicrous claims that New Zealand has full disclosure on foreign trusts nor is tax haven, is to appoint an expert in tax avoidance as the so-called “independent expert” to review the laws. As fallout from the “Panama Papers” has escalated and the prime minister’s claims are seen […]
Written By: - Date published: 8:08 am, April 12th, 2016 - 46 comments
Not our PM, the UK’s David Cameron. Our PM is under pressure to do the same, but refuses. He claims that all his taxes are “beyond reporach”. But he has form (TranzRail shares) on lying about his financial affairs.
Written By: - Date published: 6:51 am, April 11th, 2016 - 287 comments
John Key personally directed the 2011 law change that turned NZ into an attractive tax haven.
It’s part of a complicated context involving his failed plan to turn NZ into a “financial hub”.
Written By: - Date published: 7:13 am, April 10th, 2016 - 120 comments
Yesterday The Nation interviewed the Centre for Public Integrity’s Peter Bale about the inevitability of New Zealanders being implicated by the Panama Papers.
Written By: - Date published: 8:00 am, April 7th, 2016 - 18 comments
The Panama Papers highlight a significant problem for the countries of the world. The actions of the 1% is robbing countries throughout the world of funds needed to run their countries and underlines that the capitalist system is based on greed. Most leaders see this but not John Key.
Written By: - Date published: 6:31 am, April 7th, 2016 - 122 comments
Key has made it clear that he doesn’t care that NZ is operating as an international tax haven. When The Greens called for action he called them “barking mad”. But last night President Obama called for international action on tax reform. What will Key do now?
Written By: - Date published: 1:41 pm, April 5th, 2016 - 27 comments
Video of Andrew Little discussing the Panama Papers and John Key’s response.
Written By: - Date published: 9:13 am, April 5th, 2016 - 42 comments
John Key and National are floundering and trying urgently to work out what lines they should use concerning the release of the Panama Papers.
Written By: - Date published: 8:00 am, April 5th, 2016 - 63 comments
Deborah Russell provides expert analysis and commentary on the treatment of foreign trusts in New Zealand and how there is actually a loophole.