Inland Revenue says new measures to ensure large multinationals pay the right tax in New Zealand are working well and should mean an extra $200m in tax collected each year.
Opportunities to dodge tax are shrinking with the completion of a new tax agreement with Switzerland, Revenue Minister Stuart Nash announced today.
The Oxfam report claiming pharmaceutical companies in New Zealand are underpaying tax by some $21 million completely misrepresents the situation here, says Inland Revenue international strategy manager, John Nash.
New measures to ensure multinational companies pay their fair share of tax will come into force next week.
New legislation to improve the fairness of the tax system and prevent large multinationals from exploiting rules in order to shift their profits offshore has passed another step closer to...
New Zealand has received the top rating in an international review of tax transparency and exchange of information standards.
Legislation just introduced to Parliament will prevent multinationals from avoiding tax by shifting profits out of New Zealand, Revenue Minister Stuart Nash said today.
Inland Revenue is aware of the release of papers related to the Bermudan law firm Appleby and is working closely with relevant agencies and our international treaty partners.
Finance Minister Steven Joyce and Revenue Minister Judith Collins have today announced the Government’s final decisions on proposals to address base erosion and profit shifting (BEPS).
A new treaty signed in Paris this week is a significant step forward in the fight against base erosion and profit shifting (BEPS), says Revenue Minister Judith Collins.