On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See: http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies
and http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438

So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See: http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies
and http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438

So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Monday, 11 April 2016 17:08:51 UTC+12, Fred wrote:

On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See: http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies
and http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438

So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate - doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see: http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

Dickbot's just mindlessly regurgitating what he was fed over at theStranded. He
doesn't have a clue what he's talking about.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Mon, 11 Apr 2016 17:08:25 +1200, Fred <dryrot@hotmail.com> wrote:

On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See:
http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies
and
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438 >>
So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

It made a big difference to international investors wanting to hide
money for whatever reason - proceeds of crime, tax avoidance - we
don't care about that either. But others do - for example Chinese
politicians have raised the issue of invesotrs from there hiding money
by investing in or through New Zealand - is it all giving us a
reputation we would prefer not to have?

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 11/04/2016 5:42 p.m., Rich80105 wrote:

On Mon, 11 Apr 2016 17:08:25 +1200, Fred <dryrot@hotmail.com> wrote:

On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See:
http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies
and
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438

So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

It made a big difference to international investors wanting to hide
money for whatever reason - proceeds of crime, tax avoidance - we
don't care about that either. But others do - for example Chinese politicians have raised the issue of invesotrs from there hiding money
by investing in or through New Zealand - is it all giving us a
reputation we would prefer not to have?

Any govt. can insist on disclosure. Don't go bald or lose sleep over
trivia.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

They don't even have to insist. All they have to do is ask and they shall receive. The law makes it mandatory for the foreign trust to keep proper records of its financial details.

All this is common enough knowledge and the even the chattering lefty dimwits could grasp it if they bothered to read instead of just regurgitating the drivel they are fed at theStranded.

About 0.5% of the documents in the leak mention New Zealand.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 4/11/2016 5:08 PM, Fred wrote:

On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See:
http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies

and
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438 >>

So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

I think that Peters is trying to get himself sued making his usual
claims but outside the House

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 4/11/2016 8:03 PM, JohnO wrote:

They don't even have to insist. All they have to do is ask and they shall

receive. The law makes it mandatory for the foreign trust to keep proper records of its financial details.

All this is common enough knowledge and the even the chattering lefty dimwits

could grasp it if they bothered to read instead of just regurgitating the drivel they are fed at theStranded.

About 0.5% of the documents in the leak mention New Zealand.

Well, you have just run into Liebors election plans.
Nothing else has worked.
Key is getting better and better poll results with every lefty attack on
him.
At every turn their 'strategy' works against them.
As I said before it's a great year

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 12/04/2016 7:50 a.m., george152 wrote:

On 4/11/2016 5:08 PM, Fred wrote:

On 11/04/2016 5:04 p.m., Rich80105 wrote:

Way back in 2007/2008, Labour introduced legilation for Port folio
Investment Entities (PIE's) which resulted in non-resident investors
being taxed at 28% on their PIE income. in 2010/11, John Key decided
that there was profit to New Zealand in becoming a "financial hub",
and he changed the rate to zero
See:
http://taxpolicy.ird.govt.nz/publications/2011-sr-foreign-investment-pies/foreign-investment-pies


and
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10691438



So this was a personal decision by John Key, backed by National. Key
said". . . I have told Gerry to deliver me a paper that has zero
rating of funds and we'll work on that."
By February 2011 Gerry delivered, and it was implemented with effect
from September.

So now National are getting a friendly accountant to investigate -
doubtless without quite the urgency given to removing the tax in the
first place, but John Shewin should at least understand the issues -
see:
http://www.business.govt.nz/media/videos/minimising-tax-john-shewan-pwc

It is a fair bet we will not see any legislation before the next
election - unless of course there is further news making material from
the leaked papers . . .

http://www.nzherald.co.nz/news-cartoons/news/article.cfm?c_id=500814&objectid=11620087

It makes absolutely no difference to NZ whether PIE tax of 28% is
applied or whether trusts are zero rated.

I think that Peters is trying to get himself sued making his usual
claims but outside the House

I hope your right. That would make great entertainment.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

JohnO <johno1234@gmail.com> wrote:

They don't even have to insist. All they have to do is ask and they shall receive. The law makes it mandatory for the foreign trust to keep proper records of its financial details.

All this is common enough knowledge and the even the chattering lefty dimwits could grasp it if they bothered to read instead of just regurgitating the drivel they are fed at theStranded.

About 0.5% of the documents in the leak mention New Zealand.

Looking at the NZ News media you would think that the entire 100% of
the leak referred to NZ. But what more can you expect from card
carrying Labor party media droids.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)