Big corporates seek lower tax rate, 'NZ first' approach to tax rulings

Tue, 15 Aug 2017

By Pattrick Smellie Aug. 15 (BusinessDesk) - Some of New Zealand's largest companies are calling on any future government to lower the corporate tax rate, which is becoming high compared to other countries, and a "New Zealand first" approach to cross-border finance arrangements that result in revenue being undertaxed in other countries. Published jointly by peak business lobby Business New Zealand and accounting firm Deloitte, the Major Companies Tax Survey also expresses concern that "attention on multi-nationals should not tar all large...

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