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
- 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
- Final reminder for this as the survey closes on Sunday. Thanks in advance.
- 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
- 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
- This is tempting fate eh? 😁
- 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
- 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
- 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
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
- France is the latest country to propose a new tax for digital companies
- I’ve felt for some time that Google is an oligopoly so it’s good to see action being taken against it
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.