
Offshore buyer rules 'confusing'
Consultancy firm EY says new rules aimed at tracking offshore property buyers could end up increasing compliance costs to taxpayers.
Consultancy firm EY says new rules aimed at tracking offshore property buyers could end up increasing compliance costs to taxpayers.
Prime Minister John Key has opened the door to possible restrictions on foreign buyers if information gained shows high numbers of foreigners are buying in New Zealand.
The former empire of legal-highs godfather Matt Bowden is disintegrating - three of his properties, worth more than $5 million, are listed for mortgagee sale.
The Government's submission to the "Re:think" tax white paper process under way in Australia highlights the lack of mutual recognition of imputation credits as the most significant barrier....
Tax specialist Iain Craig found a surprise upside to a cancer scare, even in his work.
Cruise ship travellers look likely to be charged a higher rate - possibly nearly $3 per person more - than others under a new levy imposed from January on all travellers arriving and leaving New Zealand.
Craig Elliffe writes: The officials' paper indicates an exemption will apply when you inherit a property from a deceased estate or have transferred as part of the property settlement.
The battle to bankrupt an octogenarian Auckland businessman over a $470 million tax bill continues as he argues Inland Revenue should accept his repayment offer.
A bankrupt business trainer whose companies are in liquidation has been revealed as a taxpayer-funded envoy hired to teach the secret of success.
Auckland waterfront eatery Hammerheads collapsed last in April owing the taxman nearly $400,000, liquidators say.
Sir Owen Glenn has called on the Government to change the way philanthropic donations are taxed to encourage more people to "invest in their own country".
Legal high company Stargate Operations is being chased by IRD for $850,000.
Auckland may be gaining a reputation as a place where the food matches the scenery, but making a seafood restaurant work on the waterfront is a struggle.
When Graeme Wheeler introduced the Reserve Bank's new rules for property investment in Auckland, he said that it was only one tool to manage the housing crisis.
A Netflix tax? Soon, overseas companies will have to collect goods and services tax at 10pc a pop on "online intangibles" or digital goods and hand it over to the Aussie government.
Hammerheads restaurant is in liquidation after occupying a prime waterfront position for more than 20 years.
Auckland Council's first big forced-sale property case sparked by unpaid rates did not go ahead as planned when the money was suddenly paid.
Inland Revenue now has a clear path to try to bankrupt an accountant who owes it nearly half a billion dollars.
Andrew King of the NZ Property Investors Federation outlines the main concerns around housing in Auckland - and clears up some of the facts.
A tax hit facing almost 13,000 New Zealand investors in Anglo-Australian mining giant BHP Billiton is a result of "illogical" treatment of corporate demergers under this country's law, an....
The Government has proposed giving the taxman more resources to crack down on residential property speculators.
Kiwi shareholders in Australian mining giant BHP face paying an unfair tax as the company proceeds with a "demerger" plan.
A Bay of Plenty man has been sentenced to almost a year of home detention after he used backpackers' and other tourists' IRD numbers to file false tax returns.
Amidst the debate around the effects of a capital gains tax on the Auckland property market, TV show 'Our First Home' has proven useful.
Paying taxes is inevitable but there are ways to ensure you keep more of your money in your pocket this tax year. Tamsyn Parker talked to two tax experts to get their tips.
Kiwis no longer have to fill out a tax return every year but that doesn't mean you can sit back and do nothing.
A new research and development policy allowing start-ups to cash in tax losses is not enough to significantly boost investment.
The tax debate was reignited in Australia this week. Brian Gaynor dissects the Government's 196-page tax discussion paper.
The Government is floating the idea of businesses paying their tax on a pay-as-you-earn basis, in the biggest proposed shakeup of the income tax system.
Winston Peters' win has raised fears about disruption to the Government's plans for RMA law reform, although one business leader sees scope for a more targeted and workable approach.