The government is instating more changes to the tax rules applicable to victims of the Canterbury earthquakes. On August 6th the Minister of Revenue of New Zealand Peter Dunne announced that a new supplementary order paper has been released in order to addresses several tax issues concerning the tax treatment of taxpayers affected by the [...]

The government is instating more changes to the tax rules applicable to victims of the Canterbury earthquakes. On August 6th the Minister of Revenue of New Zealand Peter Dunne announced that a new supplementary order paper has been released in order to addresses several tax issues concerning the tax treatment of taxpayers affected by the Christchurch earthquake. The Minister explained that nearly 18 months have already passed since the major earthquakes in Christchurch, and the latest supplementary order paper shows that the government ... Read More

New Zealand is now examining the effect that the latest Christchurch earthquake will have on the national economy. On June 13th the city of Christchurch was struck with yet another set of earthquakes, leaving the town facing even greater damage and devastation, and even greater rebuilding costs. The country is now looking to see what [...]

New Zealand is now examining the effect that the latest Christchurch earthquake will have on the national economy. On June 13th the city of Christchurch was struck with yet another set of earthquakes, leaving the town facing even greater damage and devastation, and even greater rebuilding costs. The country is now looking to see what effect the latest events will have on the economic growth, what changes it might spur the government to carry out in the tax system, and what will be ... Read More

The government is claiming that a new bill tabled in front of Parliament yesterday will provide “real and practical” help through the tax system to the people suffering from the effects of the Christchurch earthquake. In a media statement issued on May 4th, the Minister of Revenue Peter Dunne revealed that the Taxation (Canterbury Earthquake [...]

The government is claiming that a new bill tabled in front of Parliament yesterday will provide “real and practical” help through the tax system to the people suffering from the effects of the Christchurch earthquake. In a media statement issued on May 4th, the Minister of Revenue Peter Dunne revealed that the Taxation (Canterbury Earthquake Measures) Bill was tabled in parliament on the same day. Describing the intentions of the new bill, the Minister said, “…much has been said and written about the ... Read More

The Green Party of New Zealand has revealed the results of a recently commissioned survey which shows that a large number of New Zealanders are in favor of a temporary tax to help fund the cost of rebuilding Christchurch. In a press release issued on April 4th Green Party Co-leader Russel Norman publicized the results [...]

The Green Party of New Zealand has revealed the results of a recently commissioned survey which shows that a large number of New Zealanders are in favor of a temporary tax to help fund the cost of rebuilding Christchurch. In a press release issued on April 4th Green Party Co-leader Russel Norman publicized the results of a recent survey aimed at gauging New Zealanders’ opinions on the best course of action to deal with the economic impact of the recent Christchurch earthquake. The ... Read More