Parliament

Fuel Taxes Lead to Blackmarket

The General Manager of the independent fuel retailer Gull New Zealand Dave Bodger has decried the Auckland City Council’s proposal to use a regional fuel tax to fund public transport projects and infrastructure improvements.

New Zealanders Want an Earthquake Tax

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.

Coming Tax Changes Will “Rebalance” Economy

The upcoming changes to the national tax system are expected to greatly improve the economy, and aid the country’s recovery from the recent Christchurch disaster and financial downturn.

Income Splitting is Flawed and Costly

Peter Dunne’s income splitting proposal has hit a new roadblock after it failed to win the approval of the New Zealand Finance and Expenditure Committee.

New Spending to be Cut from Budget

New Zealand is set for a period of austerity and budget cuts, as the government faces the economic realities and repercussions of February’s earthquake in Christchurch.

Aug 15, 20080

Imputation and Franking Credit Recognition

Categories: International Taxation, New Zealand Taxation

According to information provided by the New Zealand Parliament, the New Zealand and Australian governments are working on mutual recognition of Imputation and Franking Credit. Under the current tax regulations, investors have to pay tax on any dividends earned in New Zealand or Australia. If the proposed recognition were to be adapted, investors and shareholders will be able to choose in which country they pay the tax on their dividends. The issue of double taxation on dividends has been raised for many years, and ... Read More

Previous -

Featured Stories