NZ Has 7th Highest Corporate Tax Rate

Categories: International Taxation, New Zealand Taxation

According to a KPMG survey, New Zealand has the seventh highest corporate tax rate in the OECD. The KPMG 2009 Corporate and Indirect Tax Rate Survey, which investigates the corporate and indirect tax rates of the OECD for the 2009 year, has found that New Zealand holds the seventh highest corporate tax and one of [...]

According to a KPMG survey, New Zealand has the seventh highest corporate tax rate in the OECD. The KPMG 2009 Corporate and Indirect Tax Rate Survey, which investigates the corporate and indirect tax rates of the OECD for the 2009 year, has found that New Zealand holds the seventh highest corporate tax and one of the lowest indirect tax rates of the nations surveyed. Ireland and Iceland had the lowest corporate tax rates in the survey, with 12.5% and 15% respectively. While New Zealand's ... Read More

Kiwi Hit 6 Year Low on Momentous Day

Categories: International Finance, New Zealand Finance

The Inauguration of Barack Obama, release of 2008 inflation figures and a losing day on Wall St saw the New Zealand Dollar hit a 6 year low against the U.S. Dollar (greenback). The New Zealand Dollar (Kiwi) reached a value of US51.65 cents.Further, the Kiwi reached a seven year low of 46.98 against the Japanese [...]

The Inauguration of Barack Obama, release of 2008 inflation figures and a losing day on Wall St saw the New Zealand Dollar hit a 6 year low against the U.S. Dollar (greenback). The New Zealand Dollar (Kiwi) reached a value of US51.65 cents.Further, the Kiwi reached a seven year low of 46.98 against the Japanese Yen. The falls came amidst similar moves from many world currencies. On a global scale this can be attributed to the speech of Barack Obama, which did not reveal ... Read More

FTA with USA No Less Likely

Categories: New Zealand Finance

According to US-NZ Council president John Mullen, the newly elected Barack Obama can only be good news for a US-NZ Free Trade Agreement (FTA). The visiting US-NZ Council president John Mullen was quoted as saying that Barack Obama does not wish to reverse any globalisation work done so far, and that the? situation would only [...]

According to US-NZ Council president John Mullen, the newly elected Barack Obama can only be good news for a US-NZ Free Trade Agreement (FTA). The visiting US-NZ Council president John Mullen was quoted as saying that Barack Obama does not wish to reverse any globalisation work done so far, and that the? situation would only be worse off if it were. He said that relations between the United States and New Zealand are at the highest point that they have been at in ... Read More

Asia Offshore Association Conference

Categories: International Finance

The 21st to the 23rd of September saw the Asia Offshore Association conference come to Hong Kong. The Conference consisted of 100 delegates from over different 20 countries, Abaconda Management Group was present with two delegates. The keynote speaker for the event was David O’Rear, Chief Economist of Hong Kong General Chamber of Commerce. Other [...]

The 21st to the 23rd of September saw the Asia Offshore Association conference come to Hong Kong. The Conference consisted of 100 delegates from over different 20 countries, Abaconda Management Group was present with two delegates. The keynote speaker for the event was David O'Rear, Chief Economist of Hong Kong General Chamber of Commerce. Other international speakers came from Austria, Hong Kong, Italy, Austria, Seychelles and USA. Topics at the Asia Offshore Association Conference included banking and investments in globalized economy especially in Asia-Pacific ... Read More