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Tax dominates New Zealand budget

21 May 2010

Tax has dominated New Zealand's annual budget, five months after the government was told that the country's tax base was under threat.

Tax has dominated New Zealand's annual budget, five months after the government was told that the country's tax base was under threat.

The changes come after a body known as the Tax Working Group that was set up to review tax rules concluded that the system had become incoherent.

The government accepted this approach and so Bill English, the finance minister, used his speech to outline significant tax alterations.

The corporate tax rate will be reduced from 30% to 28%...



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International Tax Review Profile

A new Brazilian scheme which looks a lot like the UK's #DOTAS requires taxpayers to disclose details of #tax planning http://t.co/Xjpfnz3NLG

Jul 28 2015 05:52 ·  reply ·  retweet ·  favourite
International Tax Review Profile

As empresas brasileiras estão agora obrigados a divulgar estruturas de planeamento fiscal. http://t.co/XjpfnyMcU8

Jul 28 2015 05:49 ·  reply ·  retweet ·  favourite
International Tax Review Profile

#IASB defers effective date of #revenuerecognition standard for 1 year http://t.co/DAMx1z0gDa

Jul 23 2015 04:11 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Oh dear! Large taxpayers aren't going to like this. Whichever side you're on, it means more #compliance http://t.co/kqnEyJdQRx @HMRCgovuk

Jul 23 2015 04:06 ·  reply ·  retweet ·  favourite
International Tax Review Profile

France rapped for illegal state aid for @edfenergy http://t.co/djFLPweOW0 @EU_Commission Read about @Vestager here http://t.co/CJShDolk9I

Jul 22 2015 12:37 ·  reply ·  retweet ·  favourite
International Correspondents

After the Irish budget, what would make you more likely to put more substance into Ireland?