http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
of particular interest:The people that continue to say that we are a tax haven should be held accountabkle for the danage they are doing to this country. That applies to the politicians who raised this and they will suffer no doubt at the polls. You are every bit as guilty; fortunately nobody takes you seriously but you should be ashamed of yourself. Any cheap trick based on rumour and supposition suits your purpose doesn't it?
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's >changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are >introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
Rich80105<rich80105@hotmail.com> wrote: >http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0the
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's >changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >jurisdictions where the settlers and beneficiaries are resident. New >Zealand will NOT meet this standard even when Mr Shewan's changes are >introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the >Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .The people that continue to say that we are a tax haven should be held accountabkle for the danage they are doing to this country. That applies to
. .
politicians who raised this and they will suffer no doubt at the polls. Youare
every bit as guilty; fortunately nobody takes you seriously but you should be ashamed of yourself. Any cheap trick based on rumour and supposition suitsyour
purpose doesn't it?
Tony
Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the jurisdictions where the settlers and beneficiaries are resident. New Zealand will NOT meet this standard even when Mr Shewan's changes are introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
You really have no idea, do you, about how dumb it is to insist that every rumour or opinion criticising the present government is fact, and that the government's responses are necessarily false. Nor do you seem capable of understanding how this damages your own credibility.
Meanwhile, eat this:
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On Wednesday, 3 August 2016 14:52:22 UTC+12, Anymouse wrote:
Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and changes are recorded. New Zealand will meet this standard when Mr Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the jurisdictions where the settlers and beneficiaries are resident. New Zealand will NOT meet this standard even when Mr Shewan's changes are introduced.
A public register of trust ownership and details. New Zealand will NOT meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the Government was always open to making improvements to New Zealand's already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the recommendations from the Shewan Inquiry to ensure our disclosure rules are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
came from a single unnamed source in the NZ Herald and no other media had anything else on it, other than repeating it. A search for anything else came up with nothing otherYou really have no idea, do you, about how dumb it is to insist that every rumour or opinion criticising the present government is fact, and that the government's responses are necessarily false. Nor do you seem capable of understanding how this damages your own credibility.
Meanwhile, eat this:
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
Thanks for posting that. I was very suspicious when this story came out as it
So, just another media entity making shit up, and unquestioningly swallowedby the usual lefty dimwits.
The people that continue to say that we are a tax haven should be held accountabkle for the danage they are doing to this country. That applies tothe
politicians who raised this and they will suffer no doubt at the polls. Youare
every bit as guilty; fortunately nobody takes you seriously but you should be ashamed of yourself. Any cheap trick based on rumour and supposition suitsyour
purpose doesn't it?
Tony
On Wednesday, 3 August 2016 14:52:22 UTC+12, Anymouse wrote:came from a single unnamed source in the NZ Herald and no other media had anything else on it, other than repeating it. A search for anything else came up with nothing other
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
Thanks for posting that. I was very suspicious when this story came out as it
So, just another media entity making shit up, and unquestioningly swallowedby the usual lefty dimwits.
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned >>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>> of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU standards . . .
" . . .New Zealand is, in the European Parliament, not under special investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and
profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from National's perspective, don't you agree, Fred ?
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's >>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT >>>> meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency >>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >>>>> changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds >>>>> came from, the current assets, where they are, and the income earned >>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>> of the investigation but has not received any advice that action is >>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>> and Exchange of Information for Tax Purposes did when they reviewed >>>>> New Zealand's tax settings and found us to be fully compliant with >>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's >>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to >>> comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU standards . . .
" . . .New Zealand is, in the European Parliament, not under special investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the blacklist is a rumour, and it was never claimed by me that that is the case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>> expert John Shewan as a result of the Panama Papers are included. . . >>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned >>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>> jurisdictions where the settlers and beneficiaries are resident. New >>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>> of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>> the same conclusion that the OECD and the Global Forum on Transparency >>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU standards . . .
" . . .New Zealand is, in the European Parliament, not under special investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from National's perspective, don't you agree, Fred ?
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >> >>>>> expert John Shewan as a result of the Panama Papers are included. . . >> >>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned >> >>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >> >>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >> >>>>> jurisdictions where the settlers and beneficiaries are resident. New >> >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >> >>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >> >>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >> >>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >> >>>>> of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >> >>>>> the same conclusion that the OECD and the Global Forum on Transparency >> >>>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >> >>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >> >>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to >> >>> comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the
blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and
profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from
National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:.
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote: >> >> >>>
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about >> >> >>>>> $7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it >> >> >>>>> intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. .
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union."As usual, you're way off beam with this.
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >> >> >>>>> changes are recorded. New Zealand will meet this standard when Mr >> >> >>>>> Shewan's changes are introduced.
Collection of information about financial assets - where the funds >> >> >>>>> came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >> >> >>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is >> >> >>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed >> >> >>>>> New Zealand's tax settings and found us to be fully compliant with >> >> >>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the >> >> >>>>> Government was always open to making improvements to New Zealand's >> >> >>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand >> >> >>> does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible - >> >> >>> they commissioned a limitd scope enquiry by Sherwin who has produced >> >> >>> some slight improvements which the government has not yet implemented >> >> >>> - but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there >> >> >>> was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU >> >> > standards . . .
" . . .New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in >> >> > Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the
blacklist is a rumour, and it was never claimed by me that that is the >> >> > case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign >> >> > trust regime, stemming from the recommendations in the Shewan Report. >> >> >
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and
profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by >> >> > next June. . . ."
So look for some further changes to be annunced by New Zealand to tie >> >> > in with that timetable - National will wait until they absolutely have >> >> > to to close down the loopholes still there even after the legislation >> >> > they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from
National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot. >> >
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis with your ignorant and dishonest posts.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard.
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>tax
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by
.expert John Shewan as a result of the Panama Papers are included. .
Shewan's."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >> >>>>> changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds >> >>>>> came from, the current assets, where they are, and the income earned >> >>>>> in the past year. New Zealand will meet this standard when Mr
thechanges are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >> >>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in
arejurisdictions where the settlers and beneficiaries are resident. New >> >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes
NOTintroduced.
A public register of trust ownership and details. New Zealand will
."meet this standard even when Mr Shewan's changes are introduced. .
aware
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is
Transparencyof the investigation but has not received any advice that action is >> >>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >> >>>>> the same conclusion that the OECD and the Global Forum on
rulesand Exchange of Information for Tax Purposes did when they reviewed >> >>>>> New Zealand's tax settings and found us to be fully compliant with >> >>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's >> >>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure
.are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union. .As usual, you're way off beam with this.
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand >> >>> does not currently comply, and which the government is not planning to >> >>> comply.
The National-led government has already delayed as long as possible - >> >>> they commissioned a limitd scope enquiry by Sherwin who has produced >> >>> some slight improvements which the government has not yet implemented >> >>> - but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there >> >>> was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the
blacklist is a rumour, and it was never claimed by me that that is the >> > case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign >> > trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and >> > profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by >> > next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have >> > to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from
National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com>tax
wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote: >> >> >
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote: >> >> >>>
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about >> >> >>>>> $7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it >> >> >>>>> intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards. >> >> >>>>>
New Zealand doesn't comply, even when the recommendations made by
. .expert John Shewan as a result of the Panama Papers are included.
and."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified
fundschanges are recorded. New Zealand will meet this standard when Mr >> >> >>>>> Shewan's changes are introduced.
Collection of information about financial assets - where the
earnedcame from, the current assets, where they are, and the income
Shewan'sin the past year. New Zealand will meet this standard when Mr
thischanges are introduced.
No tax exemption of foreign income. New Zealand will NOT meet
thestandard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in
Newjurisdictions where the settlers and beneficiaries are resident.
areZealand will NOT meet this standard even when Mr Shewan's changes
will NOTintroduced.
A public register of trust ownership and details. New Zealand
. ."meet this standard even when Mr Shewan's changes are introduced.
aware
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is
isof the investigation but has not received any advice that action
tobeing considered against New Zealand.
"The Government is confident that any objective inquiry will come
Transparencythe same conclusion that the OECD and the Global Forum on
reviewedand Exchange of Information for Tax Purposes did when they
withNew Zealand's tax settings and found us to be fully compliant
Zealand'sOECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the >> >> >>>>> Government was always open to making improvements to New
rulesalready strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure
possible .are fit for purpose." . . ."
As always, National will keep the loopholes open as long as
Zealand. .As usual, you're way off beam with this.
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw
todoes not currently comply, and which the government is not planning
-comply.
The National-led government has already delayed as long as possible
producedthey commissioned a limitd scope enquiry by Sherwin who has
implementedsome slight improvements which the government has not yet
there- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told >> >> >>> them years ago that they needed to do something but they denied
thewas anything wrong - now they are delaying further.http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I >> >> > said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax >> >> > good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU >> >> > standards . . .
" . . .New Zealand is, in the European Parliament, not under special >> >> > investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in >> >> > Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the >> >> > blacklist is a rumour, and it was never claimed by me that that is
foreigncase."
Which is entirely consistent with what I said - the EU will not act >> >> > against New Zealand unless they don;t cooperate (which National have >> >> > not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New >> >> > Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's
andtrust regime, stemming from the recommendations in the Shewan Report. >> >> >
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which >> >> > some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had >> >> > caused problems, Theurer said – it became easy to shift payments
byprofits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of >> >> > inquiry into tax evasion and money laundering, and will report back
havenext June. . . ."
So look for some further changes to be annunced by New Zealand to tie >> >> > in with that timetable - National will wait until they absolutely
imaginable.to to close down the loopholes still there even after the legislation >> >> > they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from >> >> > National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life
idiot.
Indeed. Year after year, being shown up and humiliated as a complete
with your ignorant and dishonest posts.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis
And Dickbot, it ain't abuse when it's true, you dopey little fucktard.
Escalating personal abuse doesn't magically create any coherent
argument from you.
The reality is that Newshub correctly stated the
position,
and you have not shown that any of the conclusions I drew
are in any way incorrect.
Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's >>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT >>>> meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency >>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
You.
On 4/08/2016 3:23 PM, Anymouse wrote:
Rich80105 wrote:That's what I told him. Quote - 'as usual, you're way off beam'. We're dealing with a severe comprehension problem here. No easy answer.
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned >>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>> of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
You.
Fred wrote:
On 4/08/2016 3:23 PM, Anymouse wrote:
Rich80105 wrote:That's what I told him. Quote - 'as usual, you're way off beam'. We're
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >>>>>> changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds >>>>>> came from, the current assets, where they are, and the income earned >>>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >>>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>>> of the investigation but has not received any advice that action is >>>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>>> and Exchange of Information for Tax Purposes did when they reviewed >>>>>> New Zealand's tax settings and found us to be fully compliant with >>>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's >>>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to >>>> comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
You.
dealing with a severe comprehension problem here. No easy answer.
It's not even that. He's just plain, old-fashioned irrational.
On Wednesday, 3 August 2016 14:52:22 UTC+12, Anymouse wrote:came from a single unnamed source in the NZ Herald and no other media had anything else on it, other than repeating it. A search for anything else came up with nothing other
Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
You really have no idea, do you, about how dumb it is to insist that every >> rumour or opinion criticising the present government is fact, and that the >> government's responses are necessarily false. Nor do you seem capable of
understanding how this damages your own credibility.
Meanwhile, eat this:
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
Thanks for posting that. I was very suspicious when this story came out as it
So, just another media entity making shit up, and unquestioningly swallowedby the usual lefty dimwits.
That's what I told him. Quote - 'as usual, you're way off beam'. We're dealing with a severe comprehension problem here. No easy answer.
On 8/5/2016 9:41 AM, Fred wrote:Best cure for trolls I know:)
That's what I told him. Quote - 'as usual, you're way off beam'. We're
dealing with a severe comprehension problem here. No easy answer.
What you're dealing with here is the result of Liebor, the unions and sadistic teachers.
I recommend the usage of a kill file to correct the problem
On 4/08/2016 3:23 PM, Anymouse wrote:
Rich80105 wrote:That's what I told him. Quote - 'as usual, you're way off beam'. We're >dealing with a severe comprehension problem here. No easy answer.
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned >>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>> of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>> and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
You.
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about >>>>>>> $7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it >>>>>>> intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >>>>>>> changes are recorded. New Zealand will meet this standard when Mr >>>>>>> Shewan's changes are introduced.
Collection of information about financial assets - where the funds >>>>>>> came from, the current assets, where they are, and the income earned >>>>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >>>>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>>>> of the investigation but has not received any advice that action is >>>>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>>>> and Exchange of Information for Tax Purposes did when they reviewed >>>>>>> New Zealand's tax settings and found us to be fully compliant with >>>>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the >>>>>>> Government was always open to making improvements to New Zealand's >>>>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand >>>>> does not currently comply, and which the government is not planning to >>>>> comply.
The National-led government has already delayed as long as possible - >>>>> they commissioned a limitd scope enquiry by Sherwin who has produced >>>>> some slight improvements which the government has not yet implemented >>>>> - but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there >>>>> was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I
said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the
blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and
profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of
inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from
National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com>.
wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote: >>>>>>
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote: >>>>>>>>
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about >>>>>>>>>> $7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it >>>>>>>>>> intends to put a stop to the practice by threatening a raft of >>>>>>>>>> sanctions against countries that don't comply to its standards. >>>>>>>>>>
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >>>>>>>>>> changes are recorded. New Zealand will meet this standard when Mr >>>>>>>>>> Shewan's changes are introduced.
Collection of information about financial assets - where the funds >>>>>>>>>> came from, the current assets, where they are, and the income earned >>>>>>>>>> in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >>>>>>>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New >>>>>>>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is >>>>>>>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>>>>>>> the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed >>>>>>>>>> New Zealand's tax settings and found us to be fully compliant with >>>>>>>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the >>>>>>>>>> Government was always open to making improvements to New Zealand's >>>>>>>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the >>>>>>>>>> recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible
http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union. .As usual, you're way off beam with this.
Do tell - where? What is true is that the EU are not especially >>>>>>>> targetting New Zealand - they are targetting all countries with >>>>>>>> problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand >>>>>>>> does not currently comply, and which the government is not planning to >>>>>>>> comply.
The National-led government has already delayed as long as possible - >>>>>>>> they commissioned a limitd scope enquiry by Sherwin who has produced >>>>>>>> some slight improvements which the government has not yet implemented >>>>>>>> - but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told >>>>>>>> them years ago that they needed to do something but they denied there >>>>>>>> was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I >>>>>> said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax >>>>>> good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU >>>>>> standards . . .
" . . .New Zealand is, in the European Parliament, not under special >>>>>> investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand >>>>>> itself which made public that there are some 'letterbox companies' in >>>>>> Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he >>>>>> said.
"The rumours that there is a danger that New Zealand will get on the >>>>>> blacklist is a rumour, and it was never claimed by me that that is the >>>>>> case."
Which is entirely consistent with what I said - the EU will not act >>>>>> against New Zealand unless they don;t cooperate (which National have >>>>>> not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New >>>>>> Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign >>>>>> trust regime, stemming from the recommendations in the Shewan Report. >>>>>>
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which >>>>>> some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had >>>>>> caused problems, Theurer said – it became easy to shift payments and >>>>>> profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of >>>>>> inquiry into tax evasion and money laundering, and will report back by >>>>>> next June. . . ."
So look for some further changes to be annunced by New Zealand to tie >>>>>> in with that timetable - National will wait until they absolutely have >>>>>> to to close down the loopholes still there even after the legislation >>>>>> they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can >>>>>> give them to rearrange their affairs first - that's reasonable from >>>>>> National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis with your ignorant and dishonest posts.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard.
Escalating personal abuse doesn't magically create any coherent
argument from you. The reality is that Newshub correctly stated the
position, and you have not shown that any of the conclusions I drew
are in any way incorrect.
On Thursday, 4 August 2016 20:06:06 UTC+12, Rich80105 wrote:New
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote: >> >> >> >
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of >> >> >> >>>>> sanctions against countries that don't comply to its standards. >> >> >> >>>>>
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident.
. ."Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced.
is
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action
rulesbeing considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure
Yes - of course they are considering quite a few other countries ashttp://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Unionare fit for purpose." . . ."As usual, you're way off beam with this.
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told >> >> >> >>> them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I >> >> >> > said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax >> >> >> > good governance standards, or to engage with the EU in addressing
concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special >> >> >> > investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand >> >> >> > itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New
Zealand Government was considered a "cooperative jurisdiction", he >> >> >> > said.
"The rumours that there is a danger that New Zealand will get on the >> >> >> > blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act >> >> >> > against New Zealand unless they don;t cooperate (which National have >> >> >> > not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New >> >> >> > Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg which >> >> >> > some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had >> >> >> > caused problems, Theurer said – it became easy to shift payments and >> >> >> > profits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of >> >> >> > inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can >> >> >> > give them to rearrange their affairs first - that's reasonable from >> >> >> > National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis with your ignorant and dishonest posts.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard.
Escalating personal abuse doesn't magically create any coherent
argument from you.
As I said, you slow witted little amoeba, it ain't abuse as it is palpably true.
The reality is that Newshub correctly stated the
position,
LOL!
newshub: "EU considers blacklisting NZ over tax laws"
EU: "Media reports that the EU is targeting New Zealand for investigation as atax haven are incorrect and misleading,"
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"
Not satisfied with spewing his own lies, Dickbot raises the bar by lying on behalf of others!Why are you lying? Just because you can't follow a logical series of
Of course it does - they are looking at a lot of coutries and Newand you have not shown that any of the conclusions I drew
are in any way incorrect.
Dickbot: "So yes they are looking at New Zealand . . . "
Noting that NZ got mentioned (along with many countries) in the Panama Papers does not mean they are looking at NZ you dopey shit.
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"Nobody claimed it was a special investigation - it is part of a lerger investigation covering a number of coutries.
Dickbot continues to tell transparent, barefaced lies, and get shown up for the dishonest little shit he is.Yet you haven't identified even one lie that I have said - that makes
Dickbot, clearly you are a follower of Goebbels's advice: "If you tell a lie big enough and keep repeating it, people will eventually come to believe it."
It's not working, but feel free to keep covering yourself in an ever increasing pile of your own shit.
On Thu, 4 Aug 2016 01:55:55 -0700 (PDT), JohnO <johno1234@gmail.com>wrote:
wrote:
On Thursday, 4 August 2016 20:06:06 UTC+12, Rich80105 wrote:
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com>
wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com>
about
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth
it$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and
standards.intends to put a stop to the practice by threatening a raft of >> >> >> >>>>> sanctions against countries that don't comply to its
by tax
New Zealand doesn't comply, even when the recommendations made
included. . .expert John Shewan as a result of the Panama Papers are
and."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified
Mrchanges are recorded. New Zealand will meet this standard when
fundsShewan's changes are introduced.
Collection of information about financial assets - where the
earnedcame from, the current assets, where they are, and the income
Shewan'sin the past year. New Zealand will meet this standard when Mr
thischanges are introduced.
No tax exemption of foreign income. New Zealand will NOT meet
in thestandard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities
resident. Newjurisdictions where the settlers and beneficiaries are
changes areZealand will NOT meet this standard even when Mr Shewan's
will NOTintroduced.
A public register of trust ownership and details. New Zealand
introduced. . ."meet this standard even when Mr Shewan's changes are
is aware
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government
action isof the investigation but has not received any advice that
come tobeing considered against New Zealand.
"The Government is confident that any objective inquiry will
Transparencythe same conclusion that the OECD and the Global Forum on
reviewedand Exchange of Information for Tax Purposes did when they
withNew Zealand's tax settings and found us to be fully compliant
theOECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards,
Zealand'sGovernment was always open to making improvements to New
disclosure rulesalready strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our
possible .are fit for purpose." . . ."
As always, National will keep the loopholes open as long as
Zealand. .As usual, you're way off beam with this.
Do tell - where? What is true is that the EU are not especially >> >> >> >>> targetting New Zealand - they are targetting all countries with >> >> >> >>> problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw
planning todoes not currently comply, and which the government is not
possible -comply.
The National-led government has already delayed as long as
producedthey commissioned a limitd scope enquiry by Sherwin who has
implementedsome slight improvements which the government has not yet
told- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD
therethem years ago that they needed to do something but they denied
Iwas anything wrong - now they are delaying further.http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as
taxsaid above
Note however the following extracts:
" . . .Only countries that refused to comply with international
EUgood governance standards, or to engage with the EU in addressing >> >> >> > concerns raised, will be put on a blacklist. The Government has
already made clear they would be cooperative with EU requests."
Yet the changes the government has (so far) annunced will not meet
specialstandards . . .
" . . .New Zealand is, in the European Parliament, not under
ininvestigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand >> >> >> > itself which made public that there are some 'letterbox companies'
thePanama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New >> >> >> > Zealand Government was considered a "cooperative jurisdiction", he >> >> >> > said.
"The rumours that there is a danger that New Zealand will get on
theblacklist is a rumour, and it was never claimed by me that that is
actcase."
Which is entirely consistent with what I said - the EU will not
haveagainst New Zealand unless they don;t cooperate (which National
Newnot yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the
foreignZealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's
Report.trust regime, stemming from the recommendations in the Shewan
which
He said EU member states were also considered cooperative. This
included countries such as Netherlands, Iceland and Luxembourg
hadsome believe to be tax havens.
The 28 different, complex tax systems coming together in the EU
andcaused problems, Theurer said – it became easy to shift payments
ofprofits, and combine these with double taxation agreements with
overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee
back byinquiry into tax evasion and money laundering, and will report
tienext June. . . ."
So look for some further changes to be annunced by New Zealand to
havein with that timetable - National will wait until they absolutely
legislationto to close down the loopholes still there even after the
fromthey have announced but not yet implemented . . .
After all, friends and donors need all the time the government can >> >> >> > give them to rearrange their affairs first - that's reasonable
imaginable.National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life
idiot.
Indeed. Year after year, being shown up and humiliated as a complete
basis with your ignorant and dishonest posts.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily
true.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard.
Escalating personal abuse doesn't magically create any coherent
argument from you.
As I said, you slow witted little amoeba, it ain't abuse as it is palpably
The reality is that Newshub correctly stated the
position,
LOL!Yes - of course they are considering quite a few other countries as
newshub: "EU considers blacklisting NZ over tax laws"
well; New Zealand has not been singled out from other countries that
enable tax cheaters.
a tax haven are incorrect and misleading,"EU: "Media reports that the EU is targeting New Zealand for investigation as
Just what I said - New Zealand is not being singled out - but then the initial headline did not actually claim that either . . .
investigation as a tax haven,"EU: "New Zealand is, in the European Parliament, not under special
Comment as above - all exactly in accordance with what I have said.
But the other side of it
is that the EU is undertaking an
investigation, they have specifically said that they know about New
Zealand's situation because of the Panama Papers,
and they have set
out what they are looking for - and we know that what National have
committed to is not enough. The EU are effectively saying that they
trust that New Zealand will do what is necessary. I think National
might too - but the EU have gven them a bit of time which I am
confident they will take if they can . . .
behalf of others!Not satisfied with spewing his own lies, Dickbot raises the bar by lying on
Why are you lying? Just because you can't follow a logical series of
articles is no excuse for lying about what I have said.
Papers does not mean they are looking at NZ you dopey shit.and you have not shown that any of the conclusions I drew
are in any way incorrect.
Dickbot: "So yes they are looking at New Zealand . . . "
Noting that NZ got mentioned (along with many countries) in the Panama
Of course it does - they are looking at a lot of coutries and New
Zealand is one of them
investigation as a tax haven,"EU: "New Zealand is, in the European Parliament, not under special
Nobody claimed it was a special investigation - it is part of a lerger investigation covering a number of coutries.
the dishonest little shit he is.Dickbot continues to tell transparent, barefaced lies, and get shown up for
Yet you haven't identified even one lie that I have said - that makesbig enough and keep repeating it, people will eventually come to believe it."
you the liar.
Dickbot, clearly you are a follower of Goebbels's advice: "If you tell a lie
increasing pile of your own shit.It's not working, but feel free to keep covering yourself in an ever
On Fri, 5 Aug 2016 09:41:41 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 3:23 PM, Anymouse wrote:
Rich80105 wrote:That's what I told him. Quote - 'as usual, you're way off beam'. We're
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0As usual, you're way off beam with this.
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax >>>>>> expert John Shewan as a result of the Panama Papers are included. . . >>>>>> ."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and >>>>>> changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds >>>>>> came from, the current assets, where they are, and the income earned >>>>>> in the past year. New Zealand will meet this standard when Mr Shewan's >>>>>> changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this >>>>>> standard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the >>>>>> jurisdictions where the settlers and beneficiaries are resident. New >>>>>> Zealand will NOT meet this standard even when Mr Shewan's changes are >>>>>> introduced.
A public register of trust ownership and details. New Zealand will NOT >>>>>> meet this standard even when Mr Shewan's changes are introduced. . ." >>>>>>
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware >>>>>> of the investigation but has not received any advice that action is >>>>>> being considered against New Zealand.
"The Government is confident that any objective inquiry will come to >>>>>> the same conclusion that the OECD and the Global Forum on Transparency >>>>>> and Exchange of Information for Tax Purposes did when they reviewed >>>>>> New Zealand's tax settings and found us to be fully compliant with >>>>>> OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's >>>>>> already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules >>>>>> are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible . >>>>>> . .
Do tell - where? What is true is that the EU are not especially
targetting New Zealand - they are targetting all countries with
problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to >>>> comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
You.
dealing with a severe comprehension problem here. No easy answer.
Yes I have noticed that you have found it difficult to identify any
part of what I have said as incorrect - but personal abuse is just so
much easier for you, isn't it?
On Friday, 5 August 2016 14:24:22 UTC+12, Pooh wrote:earned
On Thu, 4 Aug 2016 01:55:55 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 20:06:06 UTC+12, Rich80105 wrote:
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com> >> >> >> wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote:
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of
sanctions against countries that don't comply to its standards.
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income
Shewan'sin the past year. New Zealand will meet this standard when Mr
thischanges are introduced.
No tax exemption of foreign income. New Zealand will NOT meet
will NOTstandard even when Mr Shewan's changes are introduced.
Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident. New
Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand
withmeet this standard even when Mr Shewan's changes are introduced. . ."
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action is
being considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant
theOECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards,
thereGovernment was always open to making improvements to New Zealand'sAs usual, you're way off beam with this.
already strong tax settings if that was warranted.
"That's why the Government has agreed to act on all of the
recommendations from the Shewan Inquiry to ensure our disclosure rules
are fit for purpose." . . ."
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially >> >> >> >> >>> targetting New Zealand - they are targetting all countries with >> >> >> >> >>> problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told
them years ago that they needed to do something but they denied
Iwas anything wrong - now they are delaying further.http://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Union
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as
ofsaid above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax
good governance standards, or to engage with the EU in addressing >> >> >> >> > concerns raised, will be put on a blacklist. The Government has >> >> >> >> > already made clear they would be cooperative with EU requests." >> >> >> >> >
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New >> >> >> >> > Zealand Government was considered a "cooperative jurisdiction", he
said.
"The rumours that there is a danger that New Zealand will get on the
blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act
against New Zealand unless they don;t cooperate (which National have
not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This >> >> >> >> > included countries such as Netherlands, Iceland and Luxembourg which
some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had
caused problems, Theurer said – it became easy to shift payments and
profits, and combine these with double taxation agreements with >> >> >> >> > overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee
tieinquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to
havein with that timetable - National will wait until they absolutely
will be blacklisted.Yes - of course they are considering quite a few other countries asEscalating personal abuse doesn't magically create any coherentto to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can
give them to rearrange their affairs first - that's reasonable from
National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis with your ignorant and dishonest posts.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard. >> >>
argument from you.
As I said, you slow witted little amoeba, it ain't abuse as it is palpably true.
The reality is that Newshub correctly stated the
position,
LOL!
newshub: "EU considers blacklisting NZ over tax laws"
well; New Zealand has not been singled out from other countries that
enable tax cheaters.
No, Dickbot. THey are not considering blacklisting NZ at all end of story no ifs no buts. Newshub's story was bullshit.
EU: "Media reports that the EU is targeting New Zealand for investigation as a tax haven are incorrect and misleading,"Just what I said - New Zealand is not being singled out - but then the
initial headline did not actually claim that either . . .
No Dickbot, you are getting it wrong either willfully because you are a liar or otherwise because you are very very stupid.
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"
Comment as above - all exactly in accordance with what I have said.
No Dickbot. The EU are not investigating NZ at all. There is no chance that NZ
If you can read (I have doubts) then read this:
http://www.stuff.co.nz/national/politics/82762846/nz-wont-be-put-on-tax-haven-blacklist-says-european-parliament-mp
The EU has DIRECTLY CONTRADICTED newshub's claim. So stop lying.
But the other side of it
"the other side of it" means "Dickbot twists and spins it to"
is that the EU is undertaking an
investigation, they have specifically said that they know about New
Zealand's situation because of the Panama Papers,
*LEAP* !
and they have set
out what they are looking for - and we know that what National have
committed to is not enough. The EU are effectively saying that they
trust that New Zealand will do what is necessary. I think National
might too - but the EU have gven them a bit of time which I am
confident they will take if they can . . .
Pure twisted spin from your own deranged, tiny little mind, Diclbot.
behalf of others!
Not satisfied with spewing his own lies, Dickbot raises the bar by lying on
Personal abuse again? Really you are getting tiresome.>Why are you lying? Just because you can't follow a logical series of
articles is no excuse for lying about what I have said.
LOL. You really have zero self awareness, don't you?
They are looking at all countries identified in the Panama Paers, they
Of course it does - they are looking at a lot of countries and New
and you have not shown that any of the conclusions I drew
are in any way incorrect.
Dickbot: "So yes they are looking at New Zealand . . . "
Noting that NZ got mentioned (along with many countries) in the Panama Papers does not mean they are looking at NZ you dopey shit.
Zealand is one of them
As cited already, over and over again, the EU have specifically stated they are NOT LOOKING AT NEW ZEALAND.
the dishonest little shit he is.
Nobody claimed it was a special investigation - it is part of a larger
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"
investigation covering a number of coutries.
Dickbot continues to tell transparent, barefaced lies, and get shown up for
Yet you haven't identified even one lie that I have said - that makes
you the liar.
Dickbot, clearly you are a follower of Goebbels's advice: "If you tell a lie big enough and keep repeating it, people will eventually come to believe it."
It's not working, but feel free to keep covering yourself in an ever increasing pile of your own shit.
... and Dickbot continues to bury himself ever deeper.
http://www.stuff.co.nz/national/politics/82762846/nz-wont-be-put-on-tax-haven-blacklist-says-european-parliament-mp
The EU has DIRECTLY CONTRADICTED newshub's claim. So stop lying.
No it has not.
http://www.stuff.co.nz/national/politics/82762846/nz-wont-be-put-on-tax-haven-blacklist-says-european-parliament-mp
The EU has DIRECTLY CONTRADICTED newshub's claim. So stop lying.
No it has not.
Yes it has.
Carry on digging a hole.
It is giving us a good laugh.
On Thu, 4 Aug 2016 20:14:13 -0700 (PDT), JohnO <johno1234@gmail.com>New
wrote:
On Friday, 5 August 2016 14:24:22 UTC+12, Pooh wrote:
On Thu, 4 Aug 2016 01:55:55 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
On Thursday, 4 August 2016 20:06:06 UTC+12, Rich80105 wrote:
On Thu, 4 Aug 2016 00:29:27 -0700 (PDT), JohnO <johno1234@gmail.com> >>>>> wrote:
On Thursday, 4 August 2016 17:34:53 UTC+12, Rich80105 wrote:
On Wed, 3 Aug 2016 21:42:26 -0700 (PDT), JohnO <johno1234@gmail.com> >>>>>>> wrote:
On Thursday, 4 August 2016 16:16:45 UTC+12, Fred wrote:
On 4/08/2016 4:08 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 15:22:01 +1200, Fred <dryrot@hotmail.com> wrote: >>>>>>>>>>
On 4/08/2016 1:00 p.m., Rich80105 wrote:
On Thu, 4 Aug 2016 11:17:26 +1200, Fred <dryrot@hotmail.com> wrote:
On 2/08/2016 9:55 p.m., Rich80105 wrote:
http://www.newshub.co.nz/politics/eu-considers-blacklisting-nz-over-tax-laws-2016080116#axzz4G3liieY0
of particular interest:
". . .The EU is our third largest trading partner and worth about
$7000 for every person in New Zealand.
The EU loses around NZ$1 trillion to tax havens each year, and it
intends to put a stop to the practice by threatening a raft of >>>>>>>>>>>>>> sanctions against countries that don't comply to its standards. >>>>>>>>>>>>>>
New Zealand doesn't comply, even when the recommendations made by tax
expert John Shewan as a result of the Panama Papers are included. . .
."
". . .What the EU wants:
No anonymity - trust settlers and beneficiaries are identified and
changes are recorded. New Zealand will meet this standard when Mr
Shewan's changes are introduced.
Collection of information about financial assets - where the funds
came from, the current assets, where they are, and the income earned
in the past year. New Zealand will meet this standard when Mr Shewan's
changes are introduced.
No tax exemption of foreign income. New Zealand will NOT meet this
standard even when Mr Shewan's changes are introduced. >>>>>>>>>>>>>> Automatic exchange of information with foreign tax authorities in the
jurisdictions where the settlers and beneficiaries are resident.
. ."Zealand will NOT meet this standard even when Mr Shewan's changes are
introduced.
A public register of trust ownership and details. New Zealand will NOT
meet this standard even when Mr Shewan's changes are introduced.
is
and the government response?
". . .Revenue Minister Michael Woodhouse says the Government is aware
of the investigation but has not received any advice that action
rulesbeing considered against New Zealand.
"The Government is confident that any objective inquiry will come to
the same conclusion that the OECD and the Global Forum on Transparency
and Exchange of Information for Tax Purposes did when they reviewed
New Zealand's tax settings and found us to be fully compliant with
OECD standards," says Mr Woodhouse.
"While our tax settings are sound by international standards, the
Government was always open to making improvements to New Zealand's
already strong tax settings if that was warranted. >>>>>>>>>>>>>> "That's why the Government has agreed to act on all of the >>>>>>>>>>>>>> recommendations from the Shewan Inquiry to ensure our disclosure
true.Escalating personal abuse doesn't magically create any coherenthttp://www.stuff.co.nz/national/politics/82762846/New-Zealand-is-not-heading-for-the-tax-haven-blacklist-says-European-Unionare fit for purpose." . . ."As usual, you're way off beam with this.
As always, National will keep the loopholes open as long as possible .
. .
Do tell - where? What is true is that the EU are not especially >>>>>>>>>>>> targetting New Zealand - they are targetting all countries with >>>>>>>>>>>> problematic tax regimes.
Above under "What the EU wants" are a list of areas where Nw Zealand
does not currently comply, and which the government is not planning to
comply.
The National-led government has already delayed as long as possible -
they commissioned a limitd scope enquiry by Sherwin who has produced
some slight improvements which the government has not yet implemented
- but they will not meet the needs of the EU.
National has a history of delaying on these matters - the IRD told >>>>>>>>>>>> them years ago that they needed to do something but they denied there
was anything wrong - now they are delaying further.
So what is off beam, Fred?
Exactly. New Zealand is not specifically under investigation - as I >>>>>>>>>> said above
Note however the following extracts:
" . . .Only countries that refused to comply with international tax >>>>>>>>>> good governance standards, or to engage with the EU in addressing >>>>>>>>>> concerns raised, will be put on a blacklist. The Government has >>>>>>>>>> already made clear they would be cooperative with EU requests." >>>>>>>>>>
Yet the changes the government has (so far) annunced will not meet EU
standards . . .
" . . .New Zealand is, in the European Parliament, not under special >>>>>>>>>> investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand >>>>>>>>>> itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand. . . ."
So yes they are looking at New Zealand . . .
". . .He had made clear in the television interview that the New >>>>>>>>>> Zealand Government was considered a "cooperative jurisdiction", he >>>>>>>>>> said.
"The rumours that there is a danger that New Zealand will get on the >>>>>>>>>> blacklist is a rumour, and it was never claimed by me that that is the
case."
Which is entirely consistent with what I said - the EU will not act >>>>>>>>>> against New Zealand unless they don;t cooperate (which National have >>>>>>>>>> not yet indicated they will do)
and finally:
"The Parliament were "really relying" on good relations with the New >>>>>>>>>> Zealand Government to ensure cooperation.
Theurer was "absolutely" aware of the changes to New Zealand's foreign
trust regime, stemming from the recommendations in the Shewan Report.
He said EU member states were also considered cooperative. This >>>>>>>>>> included countries such as Netherlands, Iceland and Luxembourg which >>>>>>>>>> some believe to be tax havens.
The 28 different, complex tax systems coming together in the EU had >>>>>>>>>> caused problems, Theurer said – it became easy to shift payments and >>>>>>>>>> profits, and combine these with double taxation agreements with >>>>>>>>>> overseas territories who had low or no taxes.
These "loopholes" would be a focus of the EU.
The EU Parliament established a 65-member Panama Papers committee of >>>>>>>>>> inquiry into tax evasion and money laundering, and will report back by
next June. . . ."
So look for some further changes to be annunced by New Zealand to tie
in with that timetable - National will wait until they absolutely have
to to close down the loopholes still there even after the legislation
they have announced but not yet implemented . . .
After all, friends and donors need all the time the government can >>>>>>>>>> give them to rearrange their affairs first - that's reasonable from >>>>>>>>>> National's perspective, don't you agree, Fred ?
You're a paranoid wanker who must lead the most miserable life imaginable.
Indeed. Year after year, being shown up and humiliated as a complete idiot.
Must have a complete lack of self awareness.
Personal abuse is clearly much easier for you than reading the
articles - how very National Party!
Nope, you're the one who doesn't read - as evidenced here on a daily basis with your ignorant and dishonest posts.
And Dickbot, it ain't abuse when it's true, you dopey little fucktard. >>>>>
argument from you.
As I said, you slow witted little amoeba, it ain't abuse as it is palpably
ifs no buts. Newshub's story was bullshit.Yes - of course they are considering quite a few other countries as
The reality is that Newshub correctly stated the
position,
LOL!
newshub: "EU considers blacklisting NZ over tax laws"
well; New Zealand has not been singled out from other countries that
enable tax cheaters.
No, Dickbot. THey are not considering blacklisting NZ at all end of story no
or otherwise because you are very very stupid.
EU: "Media reports that the EU is targeting New Zealand for investigation as a tax haven are incorrect and misleading,"Just what I said - New Zealand is not being singled out - but then the
initial headline did not actually claim that either . . .
No Dickbot, you are getting it wrong either willfully because you are a liar
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"
Comment as above - all exactly in accordance with what I have said.
No Dickbot. The EU are not investigating NZ at all. There is no chance that NZ will be blacklisted.
If you can read (I have doubts) then read this:
http://www.stuff.co.nz/national/politics/82762846/nz-wont-be-put-on-tax-haven-blacklist-says-european-parliament-mp
The EU has DIRECTLY CONTRADICTED newshub's claim. So stop lying.
No it has not. A member of the European Parliament has said that the investigation is under way covering a large number of countries
identified in the Panama Papers - it reports back nextJune. Read this extract:
""New Zealand is, in the European Parliament, not under special
investigation as a tax haven," he said on RNZ.
"But indeed there were some press articles actually in New Zealand
itself which made public that there are some 'letterbox companies' in
Panama also situated in New Zealand."
A letterbox company is a one which only has a mailing address in a
country to limit tax liability.
This concern had led to a focus on which companies were involved and
whether they did have any activity in New Zealand, he said.
He had made clear in the television interview that the New Zealand
Government was considered a "cooperative jurisdiction", he said.
"The rumours that there is a danger that New Zealand will get on the blacklist is a rumour, and it was never claimed by me that that is the
case."
Standing in for the Prime Minister on Tuesday, Government Minister
Gerry Brownlee confirmed the Government had not been notified of any investigation by the EU.
Theurer said it was not the competency of the European Parliament to
put together a blacklist – it was up to the European Commission.
The Parliament were "really relying" on good relations with the New
Zealand Government to ensure cooperation. "
So the only reason he does not think blacklisting is likely is becuase
New Zealand is regarded as cooperative and they were "really relying"
on good relations with the New Zealand Government to ensure
cooperation.
But the other side of it
"the other side of it" means "Dickbot twists and spins it to"
is that the EU is undertaking an
investigation, they have specifically said that they know about New
Zealand's situation because of the Panama Papers,
*LEAP* !
Listen to the audio - the summary in wwriting does not include
everything that was said. This is all abour diplomatic speech . . .
and they have set
out what they are looking for - and we know that what National have
committed to is not enough. The EU are effectively saying that they
trust that New Zealand will do what is necessary. I think National
might too - but the EU have gven them a bit of time which I am
confident they will take if they can . . .
Pure twisted spin from your own deranged, tiny little mind, Diclbot.
They have the track record - have they yet changed any rules following
the release of the Panama Papers?
Personal abuse again? Really you are getting tiresome.>Why are you lying? Just because you can't follow a logical series of
Not satisfied with spewing his own lies, Dickbot raises the bar by lying on behalf of others!
articles is no excuse for lying about what I have said.
LOL. You really have zero self awareness, don't you?
They are looking at all countries identified in the Panama Paers, they
Of course it does - they are looking at a lot of countries and New
and you have not shown that any of the conclusions I drew
are in any way incorrect.
Dickbot: "So yes they are looking at New Zealand . . . "
Noting that NZ got mentioned (along with many countries) in the Panama Papers does not mean they are looking at NZ you dopey shit.
Zealand is one of them
As cited already, over and over again, the EU have specifically stated they are NOT LOOKING AT NEW ZEALAND.
are aware of reports in New Zealand about our inadequate laws, and
the investigation will report by June. They have not said that they
are not looking at New Zealand - they have said that there is no
specific investigation covering only New Zealand. Why do you persist
in lying?
Nobody claimed it was a special investigation - it is part of a larger
EU: "New Zealand is, in the European Parliament, not under special investigation as a tax haven,"
investigation covering a number of coutries.
Yet you haven't identified even one lie that I have said - that makes
Dickbot continues to tell transparent, barefaced lies, and get shown up for the dishonest little shit he is.
you the liar.
Dickbot, clearly you are a follower of Goebbels's advice: "If you tell a lie big enough and keep repeating it, people will eventually come to believe it."
It's not working, but feel free to keep covering yourself in an ever increasing pile of your own shit.
... and Dickbot continues to bury himself ever deeper.
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