Parliament is considering new tax rules to stop the likes of Apple, Google and Facebook shifting profits made here to low tax countries, but other companies argue the Government is taking a sledgehammer approach.
Inland Revenue revealed today that its advice to Government on the “bright-line Test,” New Zealand’s watered-down capital gains tax, was it should only apply to properties sold within two years of being purchased, not five years which the Labour party promised to implement during the election.
This morning's email focused on the latest in international relations and finance.
In today's email we caught up on the latest diplomatic developments, along with some fiery speeches in parliament.
Police Minister Stuart Nash has his “dream” job following Labour’s rise to Government. He talks to Shane Cowlishaw about why he is in favour of police pursuits, the potential of a crack “flying squad” of officers and how he will ramp up the force’s numbers.
Famous for its wineries and orchards, Hawke’s Bay has a regional economy that is cyclical and heavily reliant on immigration. Shane Cowlishaw explores what effect a potential change of Government could have - and what’s being done to get local young workers into jobs.
A pre-election policy document from the police union contains a familiar refrain – arm our officers – but warnings it includes about staffing struggles and firearm proliferation are concerning. Shane Cowlishaw reports.
For the convenience of email-avoiding subscribers and samplers, here's the email sent earlier on Tuesday, including John Key ripping up the RMA reforms planned before the Northland by-election loss and Stuart Nash wanting to drop Labour's NZ Power policy.