Posts Tagged ‘tax haven’

Panama Papers fallout – trusts leaving NZ

Written By: - Date published: 10:16 am, June 13th, 2017 - 118 comments

Herald: “More than 1800 foreign trusts have told Inland Revenue they don’t want to register under new rules that require them to reveal financial information and their ultimate owners.”

Nats backsliding on tax haven law changes

Written By: - Date published: 7:54 am, November 1st, 2016 - 20 comments

The Nats are backsliding on implementing the law changes brought on by the Panama Papers revelations. If European regulators blacklist us the consequences will be catastrophic.

Panama Papers – Nat U-turn complete

Written By: - Date published: 1:11 pm, July 13th, 2016 - 28 comments

Having ignored the IRD and other advice, having insulted calls for transparency as “barking mad”, today the Nats’ U-turn on disclosure for foreign trusts is complete.

From barking mad to common sense in one easy U turn

Written By: - Date published: 9:32 am, June 28th, 2016 - 64 comments

April Key said our foreign trusts had full disclosure and proposals to increase transparency were “barking mad”. June Key is going to implement “sensible and well-reasoned” proposals to increase disclosure and transparency.

Panama papers – Shewan inquiry – our rules are inadequate

Written By: - Date published: 4:25 pm, June 27th, 2016 - 26 comments

There were many who were concerned that John Shewan was not a good choice for an inquiry into NZ’s tax haven system. Seems we owe Shewan an apology, as initial reaction suggests that he has done a good job.

The real reason that politicians will take no action on tax haven corruption

Written By: - Date published: 8:04 am, May 16th, 2016 - 22 comments

panamapapersoccupations

Take action on tax haven corruption? NZ says – meh

Written By: - Date published: 3:04 pm, May 14th, 2016 - 51 comments

The Nats are all over the place on this, and they’re trashing our reputation in the process.

Fixing the tax haven – what’s the downside?

Written By: - Date published: 10:37 am, May 13th, 2016 - 75 comments

Fixing our tax haven loopholes is easy but Key won’t act. Why?

Key lashes out with the smears over tax haven status

Written By: - Date published: 9:36 am, May 11th, 2016 - 122 comments

Key was disgraceful in parliament yesterday, doing his buffoon act to try and trivialise the tax haven issue, and lashing out with the smears.

John Key vs the world

Written By: - Date published: 7:02 am, May 10th, 2016 - 22 comments

Is John Key the only international leader defending tax havens? Includes bonus international media round up of yesterday’s revelations.

Panama leaker’s statement singles out John Key

Written By: - Date published: 10:31 am, May 7th, 2016 - 162 comments

Over night the Panama Papers leaker “John Doe” released a “manifesto”.

In it he/she mentioned just one national leader by name, singling out our very own John Key, for his “curious silence”…

Another Panama dump on NZ links

Written By: - Date published: 6:00 pm, May 6th, 2016 - 80 comments

Australia’s Financial Review has just published more details of NZ’s starring role as tax haven in the Panama Papers.

Update: Claims that Key’s lawyer never dealt with Mossack Fonseca seem to be – untrue.

Key’s sloppy trust

Written By: - Date published: 12:45 pm, May 5th, 2016 - 7 comments

An editorial in The Herald today keeps the pressure on Key. Meanwhile his “lawyer” can’t be happy, and Key hits peak condescension.

Key and McClay sorting out their lines

Written By: - Date published: 9:12 am, May 4th, 2016 - 16 comments

On the nobbled IRD tax haven review Key has been sorting out his lines. Then he had to feed McClay his. The concept of just telling the truth probably never occured to either of them.

The wheels on the bus go round and round

Written By: - Date published: 3:28 pm, May 3rd, 2016 - 18 comments

Key chucks his “lawyer” under a bus – Part 2.

Key chucks his “lawyer” under a bus

Written By: - Date published: 10:04 am, May 2nd, 2016 - 124 comments

Key has form on lying, you’d hope that his “lawyer” does not.

Tax haven questions for National

Written By: - Date published: 7:02 am, May 2nd, 2016 - 36 comments

The weekend saw the pressure stay on National over our tax haven status, and the role Key might have played in protecting it.

Dunne concerned about “extremely damaging” tax haven label – years too late

Written By: - Date published: 3:35 pm, May 1st, 2016 - 50 comments

Peter Dunne is concerned about the ‘extremely damaging’ tax haven label. Guyon Espiner points out that he used to call it ‘legitimate tax avoidance’.

Off-shore Trusts (a simple solution)

Written By: - Date published: 11:14 am, April 12th, 2016 - 42 comments

I know this won’t happen, but still…

Key changed the law to extend NZ as a tax haven

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”.

Kiwis to be implicated by Panama papers

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.

Panama vows action – NZ closes its eyes

Written By: - Date published: 7:03 am, April 8th, 2016 - 18 comments

The cycle of corrupt money. 100% tax haven. And we’re being put to shame by Panama.

Obama calls for international tax reform – what will Key do now?

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?

John Key’s response to the Panama Papers leak

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.

Deborah Russell: What’s going on with foreign trusts?

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.

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