Latest from Company Taxation

Legal high firm chased for $850,000 tax

Legal high company Stargate Operations is being chased by IRD for $850,000.

Why Auckland lost one of its top restaurants

Auckland may be gaining a reputation as a place where the food matches the scenery, but making a seafood restaurant work on the waterfront is a struggle.

Top Auckland restaurant shuts down

Hammerheads restaurant is in liquidation after occupying a prime waterfront position for more than 20 years.

Craig Elliffe: Multinationals face tax change

Auckland Uni tax professor Craig Elliffe says there is a proposal to change the way non-residents NZ-sourced interest is taxed.

Expect a higher deficit

Finance Minister Bill English has confirmed that this month’s Budget will see the surplus forecast a year ago turn into a deficit slightly higher than forecasted in December.

BHP demerger: Kiwis face tax bill

A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers under this country's law, an....

Kiwi shareholders face 'unfair' BHP tax

Kiwi shareholders in Australian mining giant BHP face paying an unfair tax as the company proceeds with a "demerger" plan.

Year's home detention for $260k scam

A Bay of Plenty man has been sentenced to almost a year of home detention after he used backpackers' and other tourists' IRD numbers to file false tax returns.

Surplus prospects dim - English

Govt spending cuts key to surplus

The Government's widely touted return to surplus is likely to take a further 12 months and is largely reliant on cuts to spending.

No surplus this year - Treasury

Opposition parties say new Treasury forecasts that the Crown's books will not return to surplus this year as promised by the Government are an embarrassment.

John Armstrong: Quixotic English like dog with bone

Politicians squabble over inequality

John Key drew criticism over an OECD report which estimated that growth in income inequality over 20 years has knocked 10 percentage points off NZ's economic growth.

Trustpower wins $450,000 costs from IRD

Liam Dann: Tax-free shopping has a cost

Australian retail billionaire Solomon Lew has declared war on his Government's failure to charge GST for overseas goods bought online.

Compliance cost big for small firms

Tax compliance costs have increased for New Zealand small and medium-sized enterprises (SMEs) and the sector shoulders a disproportionately higher compliance burden than larger firms, according to an....

Apple: The worst of capitalism

Tech giants like Apple keep looking for overseas tax loopholes as their foreign cash has piled up to almost absurd levels.

Tax rules won't stop Pfizer from leaving US

The US attempt to stop companies from leaving for tax reasons won't stop Pfizer, which is still considering a deal to move.