Inland Revenue says the conviction of three businessmen for tax evasion today shows there are consequences when the rules are broken deliberately.

A major new global plan aimed at forcing multinationals to pay more taxes has been described as underwhelming and disappointing by a Kiwi tax expert.

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.

IRD has this morning obtained freezing orders over property in a company directed by Paul Webb, a former Dragon's Den judge.

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.

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.

An Auckland accountant has been struck off and ordered to pay more than $31,000 after he used 60 clients to get tax rebates on donations for his own benefit.