
Man jailed for part in tax evasion scheme
A Wellington businessman has been sentenced to three years and six months in prison for his part in an aggressive tax evasion scheme.
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.
A former restaurant owner found guilty of illegally claiming nearly $380,000 is sentenced to 10 months home detention and a reparation order of $7500.
The Inland Revenue Department has clawed back more than $18 million from people who paid themselves artificially low salaries.
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.
One of the country's main bicycle retailers says stores will go out of business unless the Government finds a way to charge GST on overseas online purchases.
NZ's current tax system doesn't stack up as either fair or efficient because it doesn't tax the full benefits provided by housing and other types of wealth, writes Gareth Morgan.
An accountant has been rapped over the knuckles and fined for helping family members with their tax returns without holding the necessary qualifications.
An attempt by an investor in the Trinity forestry scheme to set aside a nine-year-old tax avoidance ruling has been dismissed.
Two groups of investors in the Trinity forestry scheme, found to be a tax avoidance arrangement in 2004, are making fresh attempts to get the 9-year-old decision set aside.
A subsidiary of Allied Farmers has been served with a liquidation notice from Inland Revenue for $4.2 million.
Two-thirds of the way through the Government's financial year tax revenue is running 6.3 per cent above the same period last year, while spending is flat.
The Government might reconsider plans to tax employers on inner-city carparks they provide to employees if it finds the additional costs on businesses would outweigh the revenue raised, Finance Minister Bill English said yesterday.
In the second column examples were given on the strategies used by some American multinational companies to reduce their profitability in Britain.
The debate around the level of tax paid by multinational corporations, and where they pay them, has morphed into a drama involving protagonists.
Draft legislation aimed at introducing fringe benefit taxes on staff carparks is broader than expected and contains some "nasty fish hooks to look out for".
New Zealand is going to find it increasingly difficult to tax multinational companies like Google and Facebook, says a specialist tax consultant.
Facebook's "tiny" and "barely believable" tax bill this year makes a mockery of New Zealand's tax loopholes for multinationals, says the Labour Party.
The Law Commission wants to crack down on the "injustice" that allows the use of trusts to protect property during disputes.