TAX HAVEN MAVEN

The Tribune (NZ) - - VIEWS -

I was ap­palled to see John Key’s re­sponse in the form of a shrug when chal­lenged on New Zealand be­ing used as a tax haven by the mega-rich and multi­na­tion­als to hide their wealth, laun­der money and avoid pay­ing their fair share of tax.

In­stead of shrug­ging I be­lieve John should im­me­di­ately be do­ing at least three things: Stop New Zealand be­ing used as a tax haven; stop multi­na­tion­als dodg­ing the tax they owe here; ur­gently launch a full Par­lia­men­tary in­quiry into tax dodg­ing in New Zealand.

The Tax Jus­tice Net­work has also es­ti­mated that New Zealand could be miss­ing out on up to $7 bil­lion a year as a re­sult of big multi­na­tional cor­po­ra­tions ex­ploit­ing our weak tax laws to shift the prof­its they make in New Zealand off­shore and avoid pay­ing their fair share of tax here

The gov­ern­ment is so far re­fus­ing to act to stop this. It ap­pears that John is do­ing his best to pro­tect the mega-rich. I say that to­gether, we the peo­ple, can force him to take ac­tion on tax dodg­ing. Come on, let’s make John Key do more than just shrug.

Dion Martin Palmer­ston North

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