Panama Papers fallout – trusts leaving NZ
Herald: “More than 1800 foreign trusts have told Inland Revenue they don’t want to register under new rules that require them to reveal financial information and their ultimate owners.”
Herald: “More than 1800 foreign trusts have told Inland Revenue they don’t want to register under new rules that require them to reveal financial information and their ultimate owners.”
As Bryan Gould put it – “In any other country, and especially in those where such deals are commonplace, no one would be in any doubt as to what had really happened. In New Zealand, however, we are naively inclined to accept the blank-eyed, slack-mouthed assurances that it was all a coincidence and that nothing untoward had happened.”
Good of the hotel to keep the Nats’ dodgy deal in the headlines. Andrew Little has called their bluff – of course.
Key’s promised to do his best to bring in ACT and UnitedHairdo. Last election this brought us the likes of Charter Schools – unmentioned by any party during the campaign. What policies will National foist upon us through this outsourcing deal this time?