Terry’s Tax Roundup – 16 – 22 March 2019
Tax podcast, Terry Baucher
29th March 2019 Podcast
Tax podcast, Terry Baucher
22nd March 2019 Podcast
Closed for EAster, Inland Revenue closes for holidays

Terry’s Tax Roundup – 16 – 22 March 2019

The week’s tax news in one handy summary. 

New Zealand Tax

  • The headline is dramatic but the article raises very valid questions particularly around the use of the supplementary order paper | Circumventing tax laws will damage our democracy

https://t.co/y6Yg0nkdxy

  • I envision the rate being changed swiftly depending on how the tech companies respond | How to focus Facebook and Google on cleaning up their mess? Tax them

https://t.co/eJGmzsDOQX

  • Final reminder for this as the survey closes on Sunday. Thanks in advance.

https://twitter.com/BCLTax/status/1105936570476056582

IRD news

  • It’s over the Easter/ANZAC Day period so actually only two working days will be lost | Inland Revenue to close to the public for a week

https://t.co/kpfAn1bC6F

  • On the facts this was a no-win case for Mr van Uden. I note that shortfall penalties for an unacceptable tax position imposed – Cullen Group should be worried | Globe-trotting sea captain loses tax battle with IRD

https://t.co/HG5bvZARlr

  • This is tempting fate eh? 😁

https://twitter.com/NZInlandRevenue/status/1108111167514439681

International Tax

  • Latest OECD release another example of the increasing resources all tax authorities are applying to tracking offshore income as part of the CRS exchange of information initiative

https://twitter.com/OECDtax/status/1108409446777147398

  • This looks very interesting. It doesn’t cover New Zealand but it does look at Australia as well as the UK and USA. Will be of interest to MBIE & my colleagues on the Small Business Council

https://twitter.com/anna_milanez/status/1108731656666603520

Australia Tax

  • This is a very significant decision for Australian expats and one which will be of interest to NZ expats | Australian court reverses Harding residence judgment, in victory for expat taxpayers

https://t.co/OjANbQ002q

United Kingdom Tax

  • According to this report, in 2018 HMRC received information about the offshore financial interests of around 3 million UK resident individuals, or entities they control | HMRC’s offshore compliance strategy now aims at mistakes and avoidance

https://t.co/ijXZp2J8Np

Europe Tax

  • France is the latest country to propose a new tax for digital companies

https://t.co/UQHAec18x5

  • I’ve felt for some time that Google is an oligopoly so it’s good to see action being taken against it

https://twitter.com/FinancialTimes/status/1108484635137323008

I follow interesting tax news stories from around the world and share them on Twitter. 

These are a selection of our best tweets from the previous week. 

If you’d like to see all of our tweets, feel free to follow us @BCLTax or join our newsletter to receive this weekly in an email.

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