• Re: The tax haven myth

    From JohnO@3:770/3 to nor...@googlegroups.com on Thursday, May 05, 2016 13:05:02
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone* would have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who naturally wouldn't make a peep about it when their mob is in office. Such is their infinite hypocrisy.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to JohnO on Friday, May 06, 2016 08:10:52
    On 5/6/2016 8:05 AM, JohnO wrote:
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the
    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone* would
    have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who naturally
    wouldn't make a peep about it when their mob is in office. Such is their infinite hypocrisy.

    They cant get a hit on Key so they're trying a guilt by association and
    its not working.
    The lawyer should be starting libel and slander proceedings against liebor

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to All on Thursday, May 05, 2016 14:53:22
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he interviewed Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this silly piece of nonsense is really about.

    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Fred@3:770/3 to Tony on Friday, May 06, 2016 08:53:11
    On 6/05/2016 7:53 a.m., Tony wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    The problem with this whole deal is it involves trusts. The mere mention
    of 'trusts' evokes suspicion and mistrust among the hoi-polloi who
    simply do not understand the purpose and function of a trust. This whole
    thing will be beaten to death by the media- it's a good topic to turn a
    non story into a story. The fact is there is not a damn thing in this
    whole thing that should concern us.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to JohnO on Thursday, May 05, 2016 17:52:19
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he >>interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz >>general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the
    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >>silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone* would >have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who naturally >wouldn't make a peep about it when their mob is in office. Such is their >infinite hypocrisy.
    I already pointed out the IRD issue but just received abuse.
    This time however I expect to be ignored - par for the course.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to Fred on Friday, May 06, 2016 11:56:49
    "Fred" <dryrot@hotmail.com> wrote in message
    news:nggbm5$mhe$1@dont-email.me...
    On 6/05/2016 7:53 a.m., Tony wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the
    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    The problem with this whole deal is it involves trusts. The mere mention
    of 'trusts' evokes suspicion and mistrust among the hoi-polloi who simply
    do not understand the purpose and function of a trust. This whole thing
    will be beaten to death by the media- it's a good topic to turn a non
    story into a story. The fact is there is not a damn thing in this whole
    thing that should concern us.

    And it doesn't concern us. Just the marxist mupets of the opposition and msm desperate for some dirt to smear the government with.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Dave Doe@3:770/3 to All on Friday, May 06, 2016 12:39:28
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single
    out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if
    they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Dave Doe on Thursday, May 05, 2016 19:46:33
    Dave Doe <hard@work.ok> wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he >>interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz >>general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the
    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >>silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single
    out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if >they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.
    I do not believe that is the definition of tax haven that is used internationally. Anyway I prefer to believe IRD and KPMG etc. than the people who are trying to make political capital out of this bit of trivia - pity they don't find something of real value to talk about.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Dave Doe on Thursday, May 05, 2016 17:55:17
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single
    out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident Kiwis
    too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty with NZ, then they are liable for the tax in their own jurisdiction anyway, so once again, not a tax haven. The Australians have tidied this up with NZ hence the extra Australia
    related questions on our tax forms. But any tax partner country can come to the
    IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Dave Doe on Thursday, May 05, 2016 20:00:55
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >> > history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >> >silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single
    out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if
    they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident >Kiwis too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty with >NZ, then they are liable for the tax in their own jurisdiction anyway, so once >again, not a tax haven. The Australians have tidied this up with NZ hence the >extra Australia related questions on our tax forms. But any tax partner country
    can come to the IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam
    Shit - look at all those tax havens!
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to nor...@googlegroups.com on Thursday, May 05, 2016 18:14:42
    On Friday, 6 May 2016 13:00:56 UTC+12, nor...@googlegroups.com wrote:
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz >> >general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the

    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this

    silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single >> out the Chinese :) - it applies to all) - purchase properties here, pay >> no tax on sale of - and get pretty damn good interest rate doing so, if >> they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident >Kiwis too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty with

    NZ, then they are liable for the tax in their own jurisdiction anyway, so
    once
    again, not a tax haven. The Australians have tidied this up with NZ hence
    the
    extra Australia related questions on our tax forms. But any tax partner
    country
    can come to the IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam
    Shit - look at all those tax havens!
    Tony

    Oh, and from the same IRD source,

    New Zealand is currently negotiating DTAs or protocols with:
    Austria (2nd Protocol)
    Belgium (3rd Protocol)
    China (DTA)
    India (3rd Protocol)
    Luxembourg (DTA)

    Tax information exchange agreements
    TIEAs allow the exchange of information for tax purposes between two jurisdictions.
    New Zealand has TIEAs in force with:
    Cayman Islands
    Cook Islands
    Curaçao
    Gibraltar
    Guernsey
    Isle of Man
    Jersey
    Marshall Islands
    Netherlands Antilles
    Niue
    Saint Maarten
    New Zealand has TIEAs that are signed, but not yet in force, with:
    Anguilla
    Bahamas
    Bermuda
    British Virgin Islands
    Dominica
    Saint Christopher and Nevis
    Saint Vincent and the Grenadines
    Turks and Caicos Islands
    Vanuatu
    New Zealand is currently negotiating TIEAs with:
    Antigua and Barbuda
    Aruba
    Grenada
    Macao
    Monaco
    Montserrat
    Nauru
    St Lucia
    San Marino
    Seychelles

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Fred@3:770/3 to JohnO on Friday, May 06, 2016 14:08:25
    On 6/05/2016 12:55 p.m., JohnO wrote:
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >>> history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single
    out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if
    they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident
    Kiwis too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty with
    NZ, then they are liable for the tax in their own jurisdiction anyway, so once again, not a tax haven. The Australians have tidied this up with NZ hence the extra Australia
    related questions on our tax forms. But any tax partner country can come to the
    IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam


    Anyone classed as a trader by the IRD will be taxed whenever a property
    is sold as a gain. 2 year rule doesn't apply. And you are right about
    taxes paid overseas on property gains. Worldwide income generally
    applies. It amazes me how often I hear complaints about 'the other guy
    getting away with tax'. It's an area dominated by ignorance and envy and
    the mistaken belief that the IRD are useless at collecting their dues.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Fred on Thursday, May 05, 2016 21:48:14
    Fred <dryrot@hotmail.com> wrote:
    On 6/05/2016 12:55 p.m., JohnO wrote:
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he >>>>interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz >>>>general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >>>> history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >>>>silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single >>> out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if
    they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident >>Kiwis too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty with >>NZ, then they are liable for the tax in their own jurisdiction anyway, so once
    again, not a tax haven. The Australians have tidied this up with NZ hence the >>extra Australia related questions on our tax forms. But any tax partner country
    can come to the IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam


    Anyone classed as a trader by the IRD will be taxed whenever a property
    is sold as a gain. 2 year rule doesn't apply. And you are right about
    taxes paid overseas on property gains. Worldwide income generally
    applies. It amazes me how often I hear complaints about 'the other guy >getting away with tax'. It's an area dominated by ignorance and envy and
    the mistaken belief that the IRD are useless at collecting their dues.
    Yes I agree - I have had many years dealing with IRD and in recent times they have become much easier to deal with in respect of the way they treat people and fairness- but they are still tough as hell on people who try to break the rules and good on them I say!
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Fred on Thursday, May 05, 2016 19:55:01
    On Friday, 6 May 2016 14:08:58 UTC+12, Fred wrote:
    On 6/05/2016 12:55 p.m., JohnO wrote:
    On Friday, 6 May 2016 12:39:30 UTC+12, Dave Doe wrote:
    In article <part1of1.1.vfzDpNLrGZlMLw@ue.ph>, Tony, Tony says...

    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >>> history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this
    silly
    piece of nonsense is really about.

    Tony

    Not concerning the typical tax haven stuff - trusts n' that in
    particular, it *is* a tax haven, in that overseas folk (not gonna single >> out the Chinese :) - it applies to all) - purchase properties here, pay
    no tax on sale of - and get pretty damn good interest rate doing so, if
    they've purchased in the right spot - and it's not hard to do.

    --
    Duncan.

    You don't have to use a foreign trust to do that - it applies to resident
    Kiwis too, albeit now you need to hang onto the property for two years.

    BUT... if the owners of the property are in a country with a tax treaty
    with NZ, then they are liable for the tax in their own jurisdiction anyway, so once again, not a tax haven. The Australians have tidied this up with NZ hence the extra Australia
    related questions on our tax forms. But any tax partner country can come to the
    IRD here and ask for all the details they want.

    Tax treaties with NZ:
    Australia
    Austria
    Belgium
    Canada
    Chile
    China
    Czech Republic
    Denmark
    Fiji
    Finland
    France
    Germany
    Hong Kong
    India
    Indonesia
    Ireland
    Italy
    Japan
    Korea
    Malaysia
    Mexico
    Netherlands
    Norway
    Papua New Guinea
    Philippines
    Poland
    Russian Federation
    Samoa
    Singapore
    South Africa
    Spain
    Sweden
    Switzerland
    Taiwan
    Thailand
    Turkey
    United Arab Emirates
    United Kingdom
    United States of America
    Viet Nam


    Anyone classed as a trader by the IRD will be taxed whenever a property
    is sold as a gain. 2 year rule doesn't apply.

    Oh I agree. The new "brightline" rule wasn't really necessary - the IRD just needed to get a bit more interested in the speculators.

    And you are right about
    taxes paid overseas on property gains. Worldwide income generally
    applies. It amazes me how often I hear complaints about 'the other guy getting away with tax'. It's an area dominated by ignorance and envy and
    the mistaken belief that the IRD are useless at collecting their dues.

    It's an easily swallowed soundbite that tastes agreeable to the chattering classes.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From victor@3:770/3 to Tony on Friday, May 06, 2016 16:00:03
    On 6/05/2016 10:52 a.m., Tony wrote:
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >>> history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >>> silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone* would >> have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who naturally
    wouldn't make a peep about it when their mob is in office. Such is their
    infinite hypocrisy.
    I already pointed out the IRD issue but just received abuse.
    This time however I expect to be ignored - par for the course.
    Tony


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to victor on Friday, May 06, 2016 03:02:15
    victor <user1@example.net> wrote:
    On 6/05/2016 10:52 a.m., Tony wrote:
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote:
    Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz
    general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed the >>>> history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what this >>>> silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone* would >>> have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who >>>naturally
    wouldn't make a peep about it when their mob is in office. Such is their >>> infinite hypocrisy.
    I already pointed out the IRD issue but just received abuse.
    This time however I expect to be ignored - par for the course.
    Tony


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political bloggers and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Euall B. Tode@3:770/3 to JohnO on Friday, May 06, 2016 21:08:13
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot. Or JohnO could backpedal. JohnO will do
    neither, such is his two-faced hypocrisy.

    http://www.afr.com/news/politics/world/the-panama-papers-behind-mossack-fonsecas-secret-new-zealand-deals-20160506-gonstp

    Mossack Fonseca offered two New Zealand products to its overseas
    clients: an NZ foreign trust, and a Look Through Company (LTC).

    As long as the trust and the LTC had no income in New Zealand and
    had no New Zealand beneficiaries, then they paid no New Zealand tax.

    But there was another advantage because technically the LTC was
    taxed, it's just that the tax rate was set at zero.

    One French investor who moved his holding company from Luxembourg
    to a New Zealand LTC knew he would pay no tax.

    But New Zealand has a double-tax treaty with France, which meant
    that he could repatriate the profit to France where it was not
    taxable because it had already been "taxed" in New Zealand.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Euall B. Tode on Friday, May 06, 2016 13:03:55
    On Friday, 6 May 2016 23:25:17 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot. Or JohnO could backpedal. JohnO will do
    neither, such is his two-faced hypocrisy.

    http://www.afr.com/news/politics/world/the-panama-papers-behind-mossack-fonsecas-secret-new-zealand-deals-20160506-gonstp

    Mossack Fonseca offered two New Zealand products to its overseas
    clients: an NZ foreign trust, and a Look Through Company (LTC).

    As long as the trust and the LTC had no income in New Zealand and
    had no New Zealand beneficiaries, then they paid no New Zealand tax.

    But there was another advantage because technically the LTC was
    taxed, it's just that the tax rate was set at zero.

    One French investor who moved his holding company from Luxembourg
    to a New Zealand LTC knew he would pay no tax.

    But New Zealand has a double-tax treaty with France, which meant
    that he could repatriate the profit to France where it was not
    taxable because it had already been "taxed" in New Zealand.

    Well, Morrissey, that just goes to show you can't believe everything you read in a newspaper (gasp!)

    When two companies have a tax treaty it simply means a business is not double taxed. In the case cited, the company will be able to claim any tax paid in NZ off their own tax to pay on worldwide earnings.

    Now Luxembourg doesn't currently have a DTA with NZ but it is currently being negotiated in a process that started in 2011.

    So it is under control, Morrissey. No need to wet your pants.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to Euall B. Tode on Saturday, May 07, 2016 08:00:58
    On 5/6/2016 11:08 PM, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot. Or JohnO could backpedal. JohnO will do
    neither, such is his two-faced hypocrisy.
    The left are getting desperate.
    Their 'hit job' on Key didn't work.
    Then they libeled his lawyer and now they're awaiting a solicitors letter.
    And we're still not or any where near being a tax haven

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Fred@3:770/3 to Euall B. Tode on Saturday, May 07, 2016 08:24:22
    On 6/05/2016 11:08 p.m., Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot. Or JohnO could backpedal. JohnO will do
    neither, such is his two-faced hypocrisy.

    http://www.afr.com/news/politics/world/the-panama-papers-behind-mossack-fonsecas-secret-new-zealand-deals-20160506-gonstp

    Mossack Fonseca offered two New Zealand products to its overseas
    clients: an NZ foreign trust, and a Look Through Company (LTC).

    As long as the trust and the LTC had no income in New Zealand and
    had no New Zealand beneficiaries, then they paid no New Zealand tax.

    But there was another advantage because technically the LTC was
    taxed, it's just that the tax rate was set at zero.

    One French investor who moved his holding company from Luxembourg
    to a New Zealand LTC knew he would pay no tax.

    But New Zealand has a double-tax treaty with France, which meant
    that he could repatriate the profit to France where it was not
    taxable because it had already been "taxed" in New Zealand.

    Don't believe everything you read. He would be taxed in France less any
    amount paid in NZ.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to JohnO on Friday, May 06, 2016 14:41:25
    On Saturday, 7 May 2016 08:03:56 UTC+12, JohnO wrote:
    On Friday, 6 May 2016 23:25:17 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and look like a complete idiot. Or JohnO could backpedal. JohnO will do neither, such is his two-faced hypocrisy.

    http://www.afr.com/news/politics/world/the-panama-papers-behind-mossack-fonsecas-secret-new-zealand-deals-20160506-gonstp

    Mossack Fonseca offered two New Zealand products to its overseas
    clients: an NZ foreign trust, and a Look Through Company (LTC).

    As long as the trust and the LTC had no income in New Zealand and
    had no New Zealand beneficiaries, then they paid no New Zealand tax.

    But there was another advantage because technically the LTC was
    taxed, it's just that the tax rate was set at zero.

    One French investor who moved his holding company from Luxembourg
    to a New Zealand LTC knew he would pay no tax.

    But New Zealand has a double-tax treaty with France, which meant
    that he could repatriate the profit to France where it was not
    taxable because it had already been "taxed" in New Zealand.

    Well, Morrissey, that just goes to show you can't believe everything you read
    in a newspaper (gasp!)

    When two companies have a tax treaty it simply means a business is not

    I mean "countries" not "companies".

    double taxed. In the case cited, the company will be able to claim any tax
    paid in NZ off their own tax to pay on worldwide earnings.

    Now Luxembourg doesn't currently have a DTA with NZ but it is currently being
    negotiated in a process that started in 2011.

    So it is under control, Morrissey. No need to wet your pants.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to JohnO on Friday, May 06, 2016 18:22:08
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 23:25:17 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot. Or JohnO could backpedal. JohnO will do
    neither, such is his two-faced hypocrisy.

    http://www.afr.com/news/politics/world/the-panama-papers-behind-mossack-fonsecas-secret-new-zealand-deals-20160506-gonstp

    Mossack Fonseca offered two New Zealand products to its overseas
    clients: an NZ foreign trust, and a Look Through Company (LTC).

    As long as the trust and the LTC had no income in New Zealand and
    had no New Zealand beneficiaries, then they paid no New Zealand tax.

    But there was another advantage because technically the LTC was
    taxed, it's just that the tax rate was set at zero.

    One French investor who moved his holding company from Luxembourg
    to a New Zealand LTC knew he would pay no tax.

    But New Zealand has a double-tax treaty with France, which meant
    that he could repatriate the profit to France where it was not
    taxable because it had already been "taxed" in New Zealand.

    Well, Morrissey, that just goes to show you can't believe everything you read >in a newspaper (gasp!)

    When two companies have a tax treaty it simply means a business is not double >taxed. In the case cited, the company will be able to claim any tax paid in NZ >off their own tax to pay on worldwide earnings.

    Now Luxembourg doesn't currently have a DTA with NZ but it is currently being >negotiated in a process that started in 2011.

    So it is under control, Morrissey. No need to wet your pants.
    That's the trouble with failed wannabe journalist hacks - no self control!
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From victor@3:770/3 to Tony on Saturday, May 07, 2016 18:54:14
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political
    bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to victor on Saturday, May 07, 2016 02:11:32
    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, which includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by politically inept New Zealanders who have got their priorities firmly stuck in their imagined past! You know - the "worker's utopia" that has never existed and who's proponents have failed every time and everywhere in the world that they have attempted to introduce it! Defined perfectly as people who do not give a shit about this country.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Sunday, May 08, 2016 18:10:39
    "Tony" <lizandtony at orcon dot net dot nz> wrote in message news:part1of1.1.XkGPT5s72THlTQ@ue.ph...
    victor <user1@example.net> wrote:
    On 6/05/2016 10:52 a.m., Tony wrote:
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 6 May 2016 07:53:24 UTC+12, nor...@googlegroups.com wrote: >>>>> Today on Mike Hosking's show (something I rarely hear) at 7.15am he
    interviewed
    Greg Bishop of KPMG; at the end of the interview he was asked
    "Is New Zealand a tax haven" and he answered "No it is not".
    I would rather believe someone at KPMG than some ubscure poster on nz >>>>> general
    who continues to post unsubstantiated nonsense.
    The whole interview was superbly handled by Mr. Bishop who addressed >>>>> the
    history and the affects of law changes.
    However it won't stop the political beat-up of the PM which is what
    this
    silly
    piece of nonsense is really about.

    Tony

    Never mind KPMG - the even IRD say NZ is not a tax haven. If *anyone*
    would
    have a problem about NZ being a tax haven it would be the IRD!

    The only people who claim NZ is a tax haven are left wing types who >>>>naturally
    wouldn't make a peep about it when their mob is in office. Such is
    their
    infinite hypocrisy.
    I already pointed out the IRD issue but just received abuse.
    This time however I expect to be ignored - par for the course.
    Tony


    I expect the tax authorities in other countries will be asking more >>questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    You're forgetting the comprehensionless nutters like victor, Rich and a few others in this ng Tony.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to rich80105@hotmail.com on Sunday, May 08, 2016 00:52:52
    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>>>> way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>politically inept New Zealanders who have got their priorities firmly stuck >>in
    their imagined past! You know - the "worker's utopia" that has never existed >>and who's proponents have failed every time and everywhere in the world that >>they have attempted to introduce it! Defined perfectly as people who do not >>give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to dot nz on Sunday, May 08, 2016 17:28:33
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>>> way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, which >includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >politically inept New Zealanders who have got their priorities firmly stuck in >their imagined past! You know - the "worker's utopia" that has never existed >and who's proponents have failed every time and everywhere in the world that >they have attempted to introduce it! Defined perfectly as people who do not >give a shit about this country.
    Tony

    So who is slurred by this, Tony?: http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to dot nz on Sunday, May 08, 2016 18:34:42
    On Sun, 08 May 2016 00:52:52 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>>>>> way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>>parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>>which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>>politically inept New Zealanders who have got their priorities firmly stuck >>>in
    their imagined past! You know - the "worker's utopia" that has never existed
    and who's proponents have failed every time and everywhere in the world that >>>they have attempted to introduce it! Defined perfectly as people who do not >>>give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >>http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    From above:
    Let's call it what it is; an unsubstantiated slur on this country by >>>politically inept New Zealanders who have got their priorities firmly stuck >>>in
    their imagined past!

    So talking about NZ being a tax haven is a slur on the country - who
    is being slurred by the article I referred to, Tony?

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to rich80105@hotmail.com on Sunday, May 08, 2016 02:23:43
    Rich80105<rich80105@hotmail.com> wrote:
    On Sun, 08 May 2016 00:52:52 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>>>>>> way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>>>parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>>>which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>>>politically inept New Zealanders who have got their priorities firmly stuck >>>>in
    their imagined past! You know - the "worker's utopia" that has never >>>>existed
    and who's proponents have failed every time and everywhere in the world >>>>that
    they have attempted to introduce it! Defined perfectly as people who do not >>>>give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >>>http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    From above:
    Let's call it what it is; an unsubstantiated slur on this country by >>>>politically inept New Zealanders who have got their priorities firmly stuck >>>>in
    their imagined past!

    So talking about NZ being a tax haven is a slur on the country - who
    is being slurred by the article I referred to, Tony?
    Nobody, you idiot!
    The slur is, as I said, by politically inept New Zealanders who have got their priorities firmly stuck
    in their imagined past!
    Nothing whatsoever to do with the irrelevant article you referred to.

    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to dot nz on Sunday, May 08, 2016 21:24:01
    On Sun, 08 May 2016 02:23:43 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sun, 08 May 2016 00:52:52 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net >>>>dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>>>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>>>>parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>>>>which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>politically inept New Zealanders who have got their priorities firmly stuck
    in
    their imagined past! You know - the "worker's utopia" that has never >>>>>existed
    and who's proponents have failed every time and everywhere in the world >>>>>that
    they have attempted to introduce it! Defined perfectly as people who do not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >>>>http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    From above:
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>politically inept New Zealanders who have got their priorities firmly stuck
    in
    their imagined past!

    So talking about NZ being a tax haven is a slur on the country - who
    is being slurred by the article I referred to, Tony?
    Nobody, you idiot!
    The slur is, as I said, by politically inept New Zealanders who have got their >priorities firmly stuck
    in their imagined past!
    Nothing whatsoever to do with the irrelevant article you referred to.

    Tony

    You are of course entitled to your unsupported opinions, your wild
    accusations, and your wilful misunderstanding of anything else.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Euall B. Tode@3:770/3 to JohnO on Sunday, May 08, 2016 21:15:28
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a newspaper
    (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a
    tax haven are left wing types".

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Euall B. Tode@3:770/3 to gblack@hnpl.net on Sunday, May 08, 2016 21:11:40
    george152 <gblack@hnpl.net> wrote:
    On 5/6/2016 11:08 PM, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and
    look like a complete idiot.

    The left are getting desperate.

    The commentary is from the Australian Financial Review, which no
    conscious human with half a brain cell would call "the left."
    George-bot's programming does not allow it the consciousness to see this.

    Their 'hit job' on Key didn't work.
    Then they libeled his lawyer and now they're awaiting a solicitors letter.

    More canned rant from the robotic george-bot. There was no mention of
    John Key's lawyer in the quoted excerpt from the Australian Financial
    Review.

    This george-bot is of similar design to the patrick-bot which used to
    be in nz.general, cranking out the same canned phrases again and again.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Euall B. Tode on Sunday, May 08, 2016 13:08:56
    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a newspaper
    (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a
    tax haven are left wing types".

    You need to look up Trenowith's biography before you start spouting off, Morrissey. The you might look a little less a credulous little Hagerphile.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Monday, May 09, 2016 08:53:55
    On Sun, 8 May 2016 12:50:43 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Monday, 9 May 2016 07:32:38 UTC+12, george wrote:
    On 5/8/2016 5:52 PM, Tony wrote:
    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >> >>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >> >>>>> bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in
    parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >> >>> which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by
    politically inept New Zealanders who have got their priorities firmly stuck
    in
    their imagined past! You know - the "worker's utopia" that has never existed
    and who's proponents have failed every time and everywhere in the world that
    they have attempted to introduce it! Defined perfectly as people who do not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?:
    http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony



    Another load of a gotcha attempt by Liebor.
    Mentioned a couple of thousand times in 11 million documents.

    I think about half the mentions were about a single trust.

    And if there really was anything there Ratface would have been crowing
    about it in the 2 years that he's been 'working' with the documents.
    Give up the gotcha stuff Liebor and try presenting policy like a
    government in waiting would be doing..

    About 61,000 times according to the 'leftie' Paul Henry http://www.newshub.co.nz/politics/panama-papers-nz-absolutely-conclusively-a-tax-haven---hager-2016050906#axzz4862ogPb2

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to Tony on Monday, May 09, 2016 07:32:37
    On 5/8/2016 5:52 PM, Tony wrote:
    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on the >>>>>> way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>> bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>> parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>> which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by
    politically inept New Zealanders who have got their priorities firmly stuck >>> in
    their imagined past! You know - the "worker's utopia" that has never existed
    and who's proponents have failed every time and everywhere in the world that
    they have attempted to introduce it! Defined perfectly as people who do not >>> give a shit about this country.
    Tony

    So who is slurred by this, Tony?:
    http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony



    Another load of a gotcha attempt by Liebor.
    Mentioned a couple of thousand times in 11 million documents.
    And if there really was anything there Ratface would have been crowing
    about it in the 2 years that he's been 'working' with the documents.
    Give up the gotcha stuff Liebor and try presenting policy like a
    government in waiting would be doing..

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to george on Sunday, May 08, 2016 12:50:43
    On Monday, 9 May 2016 07:32:38 UTC+12, george wrote:
    On 5/8/2016 5:52 PM, Tony wrote:
    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on
    the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>> bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>> parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>> which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by
    politically inept New Zealanders who have got their priorities firmly
    stuck
    in
    their imagined past! You know - the "worker's utopia" that has never
    existed
    and who's proponents have failed every time and everywhere in the world
    that
    they have attempted to introduce it! Defined perfectly as people who do
    not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?:
    http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony



    Another load of a gotcha attempt by Liebor.
    Mentioned a couple of thousand times in 11 million documents.

    I think about half the mentions were about a single trust.

    And if there really was anything there Ratface would have been crowing
    about it in the 2 years that he's been 'working' with the documents.
    Give up the gotcha stuff Liebor and try presenting policy like a
    government in waiting would be doing..

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to Euall B. Tode on Monday, May 09, 2016 07:34:20
    On 5/8/2016 11:11 PM, Euall B. Tode wrote:
    george152 <gblack@hnpl.net> wrote:
    On 5/6/2016 11:08 PM, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    The only people who claim NZ is a tax haven are left wing types

    The Australian Financial Review has described how NZ is used as a tax
    haven - see below.

    Poor JohnO. JohnO could claim the AFR are a bunch of left wing types and >>> look like a complete idiot.

    The left are getting desperate.

    The commentary is from the Australian Financial Review, which no
    conscious human with half a brain cell would call "the left."
    George-bot's programming does not allow it the consciousness to see this.

    Their 'hit job' on Key didn't work.
    Then they libeled his lawyer and now they're awaiting a solicitors letter.

    More canned rant from the robotic george-bot. There was no mention of
    John Key's lawyer in the quoted excerpt from the Australian Financial
    Review.

    This george-bot is of similar design to the patrick-bot which used to
    be in nz.general, cranking out the same canned phrases again and again.


    Your denial has been noted

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to rich80105@hotmail.com on Sunday, May 08, 2016 17:32:07
    Rich80105<rich80105@hotmail.com> wrote:
    On Sun, 08 May 2016 02:23:43 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sun, 08 May 2016 00:52:52 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net >>>>>dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on >>>>>>>>>the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>>>>>bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition in >>>>>>parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist journalists, >>>>>>which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>>politically inept New Zealanders who have got their priorities firmly >>>>>>stuck
    in
    their imagined past! You know - the "worker's utopia" that has never >>>>>>existed
    and who's proponents have failed every time and everywhere in the world >>>>>>that
    they have attempted to introduce it! Defined perfectly as people who do >>>>>>not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >>>>>http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    From above:
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>>politically inept New Zealanders who have got their priorities firmly >>>>>>stuck
    in
    their imagined past!

    So talking about NZ being a tax haven is a slur on the country - who
    is being slurred by the article I referred to, Tony?
    Nobody, you idiot!
    The slur is, as I said, by politically inept New Zealanders who have got >>their
    priorities firmly stuck
    in their imagined past!
    Nothing whatsoever to do with the irrelevant article you referred to.

    Tony

    You are of course entitled to your unsupported opinions, your wild >accusations, and your wilful misunderstanding of anything else.
    As are you, the difference being that you lie - often.

    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to gblack@hnpl.net on Tuesday, May 10, 2016 18:49:31
    "george152" <gblack@hnpl.net> wrote in message news:Ic6dncxuZqHICbLKnZ2dnUU7-Y_NnZ2d@giganews.com...
    On 5/8/2016 5:52 PM, Tony wrote:
    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking more >>>>>>> questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative on >>>>>>> the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the political >>>>>> bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition >>>> in
    parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist
    journalists,
    which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by
    politically inept New Zealanders who have got their priorities firmly
    stuck
    in
    their imagined past! You know - the "worker's utopia" that has never
    existed
    and who's proponents have failed every time and everywhere in the world >>>> that
    they have attempted to introduce it! Defined perfectly as people who do >>>> not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?:
    http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony



    Another load of a gotcha attempt by Liebor.
    Mentioned a couple of thousand times in 11 million documents.
    And if there really was anything there Ratface would have been crowing
    about it in the 2 years that he's been 'working' with the documents.
    Give up the gotcha stuff Liebor and try presenting policy like a
    government in waiting would be doing..

    Considering National has adopted most of Labours half way workable policys Labour would just confirm National as the best choice for the country if
    Labour presents any policys George :)

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to rich80105@hotmail.com on Tuesday, May 10, 2016 18:53:00
    "Rich80105" <rich80105@hotmail.com> wrote in message news:k91uib578kgbuq2plr7alb595l5j3doo4n@4ax.com...
    On Sun, 08 May 2016 02:23:43 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sun, 08 May 2016 00:52:52 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    Rich80105<rich80105@hotmail.com> wrote:
    On Sat, 07 May 2016 02:11:32 -0500, Tony <lizandtony at orcon dot net >>>>>dot nz> wrote:

    victor <user1@example.net> wrote:
    On 6/05/2016 8:02 p.m., Tony wrote:
    victor <user1@example.net> wrote:


    I expect the tax authorities in other countries will be asking >>>>>>>>> more
    questions when the rest of the MF documents are released.
    Bankster John has already got the domestic smokescreen narrative >>>>>>>>> on the
    way, talking about hackers as if that's the problem.
    The issue is simple. What exactly is the problem - only the
    political
    bloggers
    and media seem to think there is one.
    IRD and the professionals do not think so.
    Tony


    Lets not call it a tax haven.
    It is a hideout for tax cheats and thieves.
    Good idea , let's call it what it is.
    A beat up of the PM by people who have no idea how to be an opposition >>>>>>in
    parliament other than through personality assassination.
    Let's call it what it is; an opportunity for sensationalist >>>>>>journalists,
    which
    includes just about all of them, to achieve imaginary fame.
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>>politically inept New Zealanders who have got their priorities firmly >>>>>>stuck
    in
    their imagined past! You know - the "worker's utopia" that has never >>>>>>existed
    and who's proponents have failed every time and everywhere in the >>>>>>world
    that
    they have attempted to introduce it! Defined perfectly as people who >>>>>>do not
    give a shit about this country.
    Tony

    So who is slurred by this, Tony?: >>>>>http://www.stuff.co.nz/business/money/79640610/Republic-of-Macedonia-takes-Dunedin-based-trust-to-court-to-recover-1-6-million?utm_source=dlvr.it&utm_medium=twitter
    What? Did I say someone had been or hadn't been slurred?
    Tony

    From above:
    Let's call it what it is; an unsubstantiated slur on this country by >>>>>>politically inept New Zealanders who have got their priorities firmly >>>>>>stuck
    in
    their imagined past!

    So talking about NZ being a tax haven is a slur on the country - who
    is being slurred by the article I referred to, Tony?
    Nobody, you idiot!
    The slur is, as I said, by politically inept New Zealanders who have got >>their
    priorities firmly stuck
    in their imagined past!
    Nothing whatsoever to do with the irrelevant article you referred to.

    Tony

    You are of course entitled to your unsupported opinions, your wild accusations, and your wilful misunderstanding of anything else.

    Once again you list the reasons why most in this ng consider you a
    contemptable and stupid bastard Rich.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Euall B. Tode on Tuesday, May 10, 2016 23:28:23
    JohnO <johno1234@gmail.com> wrote:
    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a
    newspaper (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a
    tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate and tax >lecturer: >http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly dismissed it >for the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's true that >the French person would pay no tax in NZ on income earned via a look through >company, but I'm not sure that would also eliminate his tax obligations in >France. I think that under our Double Tax Agreement (DTA) with France, he would
    be able to claim a credit for the tax paid in New Zealand (which happens to be >nothing), but he would still have to pay tax under French law."
    I admire your resilience but you are trying to use logic with a cretin, not just any old cretrin but alos a failed hack therefore a cretin without integrity.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Euall B. Tode on Tuesday, May 10, 2016 21:23:30
    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a newspaper
    (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a
    tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate and tax lecturer: http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly dismissed it for
    the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's true that the French person would pay no tax in NZ on income earned via a look through company, but I'm not sure that would also eliminate his tax obligations in France. I think that
    under our Double Tax Agreement (DTA) with France, he would be able to claim a credit for the tax paid in New Zealand (which happens to be nothing), but he would still have to pay tax under French law."

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Wednesday, May 11, 2016 19:37:22
    On Tue, 10 May 2016 21:23:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a newspaper (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a
    tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate and tax lecturer: >http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly dismissed it for the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's true that the French person would pay no tax in NZ on income earned via a look through company, but I'm not sure that would also eliminate his tax obligations in France. I think that
    under our Double Tax Agreement (DTA) with France, he would be able to claim a credit for the tax paid in New Zealand (which happens to be nothing), but he would still have to pay tax under French law."

    Yes she is correct - and on the assumption that everyone complies with
    the law, there is no problem. What happens if the French person
    forgets to tell the French tax authorities about the trust? There are
    at least two possibilities:
    1. The French tax authorities think some money and income may have
    been hidden from them, so they seek information from all the countries
    they have a tax information sharing agreement with. They ask New
    Zealand about the individual; NZ IRD reply that they have no
    information about that person in their files, but if the Fremch know
    the name of the Trust they can ask for more information - and the
    French of course don't know the name of the trust. New Zealand has met
    its legal obligations, just as John Key keeps saying they do.

    2. The French tax authorities know nothing about the trust
    arrangement, so don't ask anyone anything. New Zealand aren't asked
    and so don't have to answer. Again New Zealand has met its legal
    obligations, just as John Key keeps saying they do.

    In either situation, the French person does not declare the income and
    so does not pay tax on the income. Of course that is a mistake, isn';t
    it - because in planet Key everyone always strictly obeys the law, and
    that is all that is required of anyone in any circumstance -
    "right", JohnO?

    Can you think of anpother scenario, JohnO?

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Wednesday, May 11, 2016 02:06:30
    On Wednesday, 11 May 2016 19:36:57 UTC+12, Rich80105 wrote:
    On Tue, 10 May 2016 21:23:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a
    newspaper (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a >> tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate and
    tax lecturer:
    http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly dismissed it
    for the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's true
    that the French person would pay no tax in NZ on income earned via a look through company, but I'm not sure that would also eliminate his tax obligations
    in France. I think that
    under our Double Tax Agreement (DTA) with France, he would be able to claim a credit for the tax paid in New Zealand (which happens to be nothing), but he would still have to pay tax under French law."

    Yes she is correct - and on the assumption that everyone complies with
    the law, there is no problem. What happens if the French person
    forgets to tell the French tax authorities about the trust? There are

    Your argument is stupid. The situation is exactly the same as if they omitted any other in country income.

    at least two possibilities:
    1. The French tax authorities think some money and income may have
    been hidden from them, so they seek information from all the countries
    they have a tax information sharing agreement with. They ask New
    Zealand about the individual; NZ IRD reply that they have no
    information about that person in their files, but if the Fremch know
    the name of the Trust they can ask for more information - and the
    French of course don't know the name of the trust. New Zealand has met
    its legal obligations, just as John Key keeps saying they do.

    2. The French tax authorities know nothing about the trust
    arrangement, so don't ask anyone anything. New Zealand aren't asked
    and so don't have to answer. Again New Zealand has met its legal
    obligations, just as John Key keeps saying they do.

    In either situation, the French person does not declare the income and
    so does not pay tax on the income. Of course that is a mistake, isn';t
    it - because in planet Key everyone always strictly obeys the law, and
    that is all that is required of anyone in any circumstance -
    "right", JohnO?

    Can you think of anpother scenario, JohnO?

    The obvious scenario is that you are very stupid and have no fucking clue.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Wednesday, May 11, 2016 22:03:45
    On Wed, 11 May 2016 02:06:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Wednesday, 11 May 2016 19:36:57 UTC+12, Rich80105 wrote:
    On Tue, 10 May 2016 21:23:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a newspaper (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is a >> >> tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate and tax lecturer:
    http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly dismissed it
    for the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's true that the French person would pay no tax in NZ on income earned via a look through company, but I'm not sure that would also eliminate his tax obligations
    in France. I think that
    under our Double Tax Agreement (DTA) with France, he would be able to claim a credit for the tax paid in New Zealand (which happens to be nothing), but he would still have to pay tax under French law."

    Yes she is correct - and on the assumption that everyone complies with
    the law, there is no problem. What happens if the French person
    forgets to tell the French tax authorities about the trust? There are

    Your argument is stupid. The situation is exactly the same as if they omitted any other in country income.

    at least two possibilities:
    1. The French tax authorities think some money and income may have
    been hidden from them, so they seek information from all the countries
    they have a tax information sharing agreement with. They ask New
    Zealand about the individual; NZ IRD reply that they have no
    information about that person in their files, but if the Fremch know
    the name of the Trust they can ask for more information - and the
    French of course don't know the name of the trust. New Zealand has met
    its legal obligations, just as John Key keeps saying they do.

    2. The French tax authorities know nothing about the trust
    arrangement, so don't ask anyone anything. New Zealand aren't asked
    and so don't have to answer. Again New Zealand has met its legal
    obligations, just as John Key keeps saying they do.

    In either situation, the French person does not declare the income and
    so does not pay tax on the income. Of course that is a mistake, isn';t
    it - because in planet Key everyone always strictly obeys the law, and
    that is all that is required of anyone in any circumstance -
    "right", JohnO?

    Can you think of anpother scenario, JohnO?

    The obvious scenario is that you are very stupid and have no fucking clue.

    So as I thought you cannot outline any other scenario. Do you now
    accept those are the only two possible scenarios?

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Wednesday, May 11, 2016 12:02:20
    Can't you read? I already explained why your silly scenarios are pointless and moot.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Wednesday, May 11, 2016 15:10:51
    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are pointless
    and moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read, Dickbot.

    Sad to see your compulsive lying problem is still present. Key was ejected for still talking (laughing at the hapless James Shaw) when the speaker was standing. Hardly "throwing toys".

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Thursday, May 12, 2016 09:38:36
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are pointless and
    moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Wednesday, May 11, 2016 17:53:13
    On Thursday, 12 May 2016 12:44:48 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 15:10:51 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are
    pointless and moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read, Dickbot.

    Sad to see your compulsive lying problem is still present. Key was ejected
    for still talking (laughing at the hapless James Shaw) when the speaker was standing. Hardly "throwing toys".

    The repeated denials are increasingly seen as evidence of an uncaring
    and yes corrupt government, and the articles continue: https://www.tvnz.co.nz/one-news/new-zealand/opinion-nothing-see-here-government-in-denial-over-panama-papers

    Meanwhile, Judith "Oravida" Collins represents New Zealand at an anti-corruption conference - the Nats just don't have any morals, do
    they!

    Yawn. As usual, leftie trolls have nothing of value, and continue with the personality politics that has since 2007 driven their electability ever downwards.

    Slow learners, these lefties.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Thursday, May 12, 2016 12:45:18
    On Wed, 11 May 2016 15:10:51 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are pointless and moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read, Dickbot.

    Sad to see your compulsive lying problem is still present. Key was ejected for
    still talking (laughing at the hapless James Shaw) when the speaker was standing. Hardly "throwing toys".

    The repeated denials are increasingly seen as evidence of an uncaring
    and yes corrupt government, and the articles continue: https://www.tvnz.co.nz/one-news/new-zealand/opinion-nothing-see-here-government-in-denial-over-panama-papers

    Meanwhile, Judith "Oravida" Collins represents New Zealand at an anti-corruption conference - the Nats just don't have any morals, do
    they!

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Thursday, May 12, 2016 13:25:50
    On Wed, 11 May 2016 17:53:13 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 12:44:48 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 15:10:51 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are pointless and moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read, Dickbot.

    Sad to see your compulsive lying problem is still present. Key was ejected for still talking (laughing at the hapless James Shaw) when the speaker was standing. Hardly "throwing toys".

    The repeated denials are increasingly seen as evidence of an uncaring
    and yes corrupt government, and the articles continue:
    https://www.tvnz.co.nz/one-news/new-zealand/opinion-nothing-see-here-government-in-denial-over-panama-papers

    Meanwhile, Judith "Oravida" Collins represents New Zealand at an
    anti-corruption conference - the Nats just don't have any morals, do
    they!

    Yawn. As usual, leftie trolls have nothing of value, and continue with the personality politics that has since 2007 driven their electability ever downwards.

    Slow learners, these lefties.

    Your personal attacks must make you a rightie troll then?

    You appear to not have read the article: (it does miss the NAtional
    government in 2011 dropping the tax for many of these trusts from 28%
    to 0%, but is generally a good summary:

    Kudos to the journalists involved in trawling through the 11 million
    plus documents that make up the Panama Papers dump this week,
    including Nicky Hager, RNZ journos, and my own excellent TVNZ
    colleagues Andrea Vance and Jessica Mutch.

    ONE News Columnist Dita DeBoni
    Source: ONE News

    Whereas most people might consider a story that involves tax avoidance
    on a global scale, fraud, money laundering and other shenanigans that
    directly implicate New Zealand, a rather large story, our own
    Government has dismissed it as nothing whatsoever.

    Astonishingly, a number of prominent journalists are in complete
    agreement.

    One thing’s for sure: the spin machine’s been hard at work. A brief
    list:

    1. Nicky Hager is a left-wing loony and conspiracy theorist.

    The spin is that this is a concerted campaign by left wing activists
    around the world, motivated by the politics of envy, to attack the
    wealthy and bring down governments it doesn’t like.

    The Government successfully used this line against Nicky Hager on the
    release of Dirty Politics, and has sought to discredit him and anyone
    with views like him repeatedly over many years.

    The reality is that Nicky Hager works with almost 200 of the world’s
    top journalists from the International Consortium of Investigative
    Journalists, a project of the Center for Public Integrity run out of Washington.

    It has been set up to provide information to people around the world
    where a time and cash-strapped media cannot (and sometimes, will not).
    Nicky Hager brought on board some of the country’s most stringent
    reporting teams in his efforts to weigh up how 60,000 mentions of New
    Zealand in the Panama Papers stack up.

    Their findings are poured over by lawyers to meet strict requirements
    for balance and accuracy. It’s no beat up, either here – or in the
    dozens of other countries where other excellent journalists are doing
    exactly the same thing.

    2. New Zealand is not a tax haven (instead, “it’s a high quality
    jurisdiction for trusts with a benign tax system in certain
    circumstances”).

    Our Prime Minister, for reasons never fully explained, has long wanted
    New Zealand to act as a financial services hub, like Switzerland or
    Ireland.

    Like those countries, we have a stable legal and political regime, and
    a tax regime with a massive loophole that allows people from overseas
    to store their money here virtually invisibly.

    Despite many stories over the years that New Zealand Trusts were being
    used as tax havens, the Government has repeatedly refused to do
    anything about it, and in fact, stopped the IRD looking further into
    this regime only recently after being lobbied by Trust industry
    figures.

    Which in any other language is corruption, plain and simple.

    3. We’re looking into it.

    In other words, we will do the bare minimum required to meet OECD
    standards, but continue to try and keep this business going.
    After all, if there’s no wrong-doing, there’s no need to change much,
    is there?

    4. It’s Labour’s fault.

    It’s true that the loophole developed out of law passed in 2007, under
    the Labour Government, which was designed to stop New Zealanders
    hiding their wealth from our own IRD.

    But National has been in government as the loophole has been
    increasingly exploited. It’s been warned about it, and done nothing.
    In addition, in 2010, it added the ability for Trusts to own Look
    Through Companies (LTCs) – an entity that passes all profits through
    to shareholders without paying any corporate tax. Again, exploitation
    of this vehicle has been ignored.

    5. What’s happening is legal/there’s no morality to tax.

    A grain of truth here to be sure.
    The practice that allows people from around the world, often from some
    of the poorest countries on earth, to stash cash in New Zealand made
    either legitimately or not, is indeed legal.

    But we are helping facilitate the outflow of tax money from countries
    where people suffer from lack of health, education and basic
    infrastructure.

    We are suffering reputational damage because the rest of the world
    understands that to encourage this practice is wrong.

    When even Donald Trump is saying the wealthy of America will be taxed
    more, it’s clear even hard-core capitalists have reached a tipping
    point where it’s acknowledged the global elite do not pay enough tax
    and ordinary people are suffering.

    Why is New Zealand so keen to perpetuate this imbalance?

    Finally, I would say there’s a definite double standard at play.
    The Government is very quick to exploit the idea of beneficiaries,
    student loan defaulters or ACC recipients gaming the system when it
    suits them.

    But as for the wealthy? We apparently accept, in a docile fashion,
    they’ll always try to avoid paying their fair share of tax - and the
    Government smiles benignly on.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to rich80105@hotmail.com on Saturday, May 14, 2016 23:30:07
    "Rich80105" <rich80105@hotmail.com> wrote in message news:gfm7jb59kvmcnh8hu0nrunqrdjlgrebcrl@4ax.com...
    On Wed, 11 May 2016 17:53:13 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 12:44:48 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 15:10:51 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com> >>> >> wrote:

    Can't you read? I already explained why your silly scenarios are
    pointless and moot.
    Pressure getting to you? Just like John Key, who threw his toys out
    of
    the cot and deliberately ran away from questions he was too
    embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read,
    Dickbot.

    Sad to see your compulsive lying problem is still present. Key was
    ejected for still talking (laughing at the hapless James Shaw) when the >>> >speaker was standing. Hardly "throwing toys".

    The repeated denials are increasingly seen as evidence of an uncaring
    and yes corrupt government, and the articles continue:
    https://www.tvnz.co.nz/one-news/new-zealand/opinion-nothing-see-here-government-in-denial-over-panama-papers

    Meanwhile, Judith "Oravida" Collins represents New Zealand at an
    anti-corruption conference - the Nats just don't have any morals, do
    they!

    Yawn. As usual, leftie trolls have nothing of value, and continue with the >>personality politics that has since 2007 driven their electability ever >>downwards.

    Slow learners, these lefties.

    Your personal attacks must make you a rightie troll then?

    You appear to not have read the article: (it does miss the NAtional government in 2011 dropping the tax for many of these trusts from 28%
    to 0%, but is generally a good summary:

    Kudos to the journalists involved in trawling through the 11 million
    plus documents that make up the Panama Papers dump this week,
    including Nicky Hager, RNZ journos, and my own excellent TVNZ
    colleagues Andrea Vance and Jessica Mutch.

    ONE News Columnist Dita DeBoni
    Source: ONE News

    Whereas most people might consider a story that involves tax avoidance
    on a global scale, fraud, money laundering and other shenanigans that directly implicate New Zealand, a rather large story, our own
    Government has dismissed it as nothing whatsoever.

    Astonishingly, a number of prominent journalists are in complete
    agreement.

    One thing's for sure: the spin machine's been hard at work. A brief
    list:

    1. Nicky Hager is a left-wing loony and conspiracy theorist.

    The spin is that this is a concerted campaign by left wing activists
    around the world, motivated by the politics of envy, to attack the
    wealthy and bring down governments it doesn't like.

    The Government successfully used this line against Nicky Hager on the
    release of Dirty Politics, and has sought to discredit him and anyone
    with views like him repeatedly over many years.

    The reality is that Nicky Hager works with almost 200 of the world's
    top journalists from the International Consortium of Investigative Journalists, a project of the Center for Public Integrity run out of Washington.

    It has been set up to provide information to people around the world
    where a time and cash-strapped media cannot (and sometimes, will not).
    Nicky Hager brought on board some of the country's most stringent
    reporting teams in his efforts to weigh up how 60,000 mentions of New
    Zealand in the Panama Papers stack up.

    Their findings are poured over by lawyers to meet strict requirements
    for balance and accuracy. It's no beat up, either here - or in the
    dozens of other countries where other excellent journalists are doing
    exactly the same thing.

    2. New Zealand is not a tax haven (instead, "it's a high quality
    jurisdiction for trusts with a benign tax system in certain
    circumstances").

    Our Prime Minister, for reasons never fully explained, has long wanted
    New Zealand to act as a financial services hub, like Switzerland or
    Ireland.

    Like those countries, we have a stable legal and political regime, and
    a tax regime with a massive loophole that allows people from overseas
    to store their money here virtually invisibly.

    Despite many stories over the years that New Zealand Trusts were being
    used as tax havens, the Government has repeatedly refused to do
    anything about it, and in fact, stopped the IRD looking further into
    this regime only recently after being lobbied by Trust industry
    figures.

    Which in any other language is corruption, plain and simple.

    3. We're looking into it.

    In other words, we will do the bare minimum required to meet OECD
    standards, but continue to try and keep this business going.
    After all, if there's no wrong-doing, there's no need to change much,
    is there?

    4. It's Labour's fault.

    It's true that the loophole developed out of law passed in 2007, under
    the Labour Government, which was designed to stop New Zealanders
    hiding their wealth from our own IRD.

    But National has been in government as the loophole has been
    increasingly exploited. It's been warned about it, and done nothing.
    In addition, in 2010, it added the ability for Trusts to own Look
    Through Companies (LTCs) - an entity that passes all profits through
    to shareholders without paying any corporate tax. Again, exploitation
    of this vehicle has been ignored.

    5. What's happening is legal/there's no morality to tax.

    A grain of truth here to be sure.
    The practice that allows people from around the world, often from some
    of the poorest countries on earth, to stash cash in New Zealand made
    either legitimately or not, is indeed legal.

    But we are helping facilitate the outflow of tax money from countries
    where people suffer from lack of health, education and basic
    infrastructure.

    We are suffering reputational damage because the rest of the world understands that to encourage this practice is wrong.

    When even Donald Trump is saying the wealthy of America will be taxed
    more, it's clear even hard-core capitalists have reached a tipping
    point where it's acknowledged the global elite do not pay enough tax
    and ordinary people are suffering.

    Why is New Zealand so keen to perpetuate this imbalance?

    Finally, I would say there's a definite double standard at play.
    The Government is very quick to exploit the idea of beneficiaries,
    student loan defaulters or ACC recipients gaming the system when it
    suits them.

    But as for the wealthy? We apparently accept, in a docile fashion,
    they'll always try to avoid paying their fair share of tax - and the Government smiles benignly on.

    Sounds like the smear campaign you and Labour have been carrying out since
    2008 Rich. But guess journos are as stupid as the rest of the left.

    After the big leadup from such impeachable people as Nicky Hagar and angry little Andy we got in the end NOTHING! Which pretty well describes Labour
    and the left and their ever dirtier politics.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to rich80105@hotmail.com on Saturday, May 14, 2016 23:23:55
    "Rich80105" <rich80105@hotmail.com> wrote in message news:pp06jbl7eqditntiivddaj8htcp1som694@4ax.com...
    On Wed, 11 May 2016 02:06:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Wednesday, 11 May 2016 19:36:57 UTC+12, Rich80105 wrote:
    On Tue, 10 May 2016 21:23:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Monday, 9 May 2016 00:03:53 UTC+12, Euall B. Tode wrote:
    JohnO <johno1234@gmail.com> wrote:

    that just goes to show you can't believe everything you read in a
    newspaper (gasp!)

    Whether I believe the Australian Financial Review or not, it clearly
    gives the lie to your bald assertion "the only people who claim NZ is >>> >> a
    tax haven are left wing types".

    Dickbot posted an article by Deborah Russell, failed Labour candidate
    and tax lecturer:
    http://thespinoff.co.nz/10-05-2016/foreign-trusts-101-a-plain-english-introduction-amid-the-panama-paper-haze/

    In the comments, somebody raised the AFR article. Russell duly
    dismissed it for the same reasons I did:
    "I don't think that the explanation in the AFR is quite right. It's
    true that the French person would pay no tax in NZ on income earned via >>> >a look through company, but I'm not sure that would also eliminate his
    tax obligations in France. I think that under our Double Tax Agreement
    (DTA) with France, he would be able to claim a credit for the tax paid
    in New Zealand (which happens to be nothing), but he would still have
    to pay tax under French law."

    Yes she is correct - and on the assumption that everyone complies with
    the law, there is no problem. What happens if the French person
    forgets to tell the French tax authorities about the trust? There are

    Your argument is stupid. The situation is exactly the same as if they >>omitted any other in country income.

    at least two possibilities:
    1. The French tax authorities think some money and income may have
    been hidden from them, so they seek information from all the countries
    they have a tax information sharing agreement with. They ask New
    Zealand about the individual; NZ IRD reply that they have no
    information about that person in their files, but if the Fremch know
    the name of the Trust they can ask for more information - and the
    French of course don't know the name of the trust. New Zealand has met
    its legal obligations, just as John Key keeps saying they do.

    2. The French tax authorities know nothing about the trust
    arrangement, so don't ask anyone anything. New Zealand aren't asked
    and so don't have to answer. Again New Zealand has met its legal
    obligations, just as John Key keeps saying they do.

    In either situation, the French person does not declare the income and
    so does not pay tax on the income. Of course that is a mistake, isn';t
    it - because in planet Key everyone always strictly obeys the law, and
    that is all that is required of anyone in any circumstance -
    "right", JohnO?

    Can you think of anpother scenario, JohnO?

    The obvious scenario is that you are very stupid and have no fucking clue.

    So as I thought you cannot outline any other scenario. Do you now
    accept those are the only two possible scenarios?

    As usual Rich. You didn't think. Probably because whenever you do it hurts. Still you'd think that every once in a while you'd actualy post something
    that wasn't a mishmash of desperate attempts to prove what a fuckwit you
    are.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Saturday, May 14, 2016 23:25:47
    "JohnO" <johno1234@gmail.com> wrote in message news:836eeba0-5812-4468-89fe-d065560bea89@googlegroups.com...
    On Thursday, 12 May 2016 09:38:08 UTC+12, Rich80105 wrote:
    On Wed, 11 May 2016 12:02:20 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    Can't you read? I already explained why your silly scenarios are
    pointless and moot.
    Pressure getting to you? Just like John Key, who threw his toys out of
    the cot and deliberately ran away from questions he was too embarassed
    to answer . . .

    I guess the answer to my question is yes - you can't actually read,
    Dickbot.

    Sad to see your compulsive lying problem is still present. Key was ejected for still talking (laughing at the hapless James Shaw) when the speaker
    was standing. Hardly "throwing toys".

    It's not Richies reading that's the problem JohnO. It's the fact he's got absolutely no comprehension skills along with his lack of 'technical skills' that keeps getting the grubby widdle marxist muppet even further into the
    shit he keeps spewing.

    Pooh

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