Minister McClay seeks to water down 130-year-old tax secrecy provisions

Wed, 11 Nov 2015

By Paul McBeth Nov. 11 (BusinessDesk) - Revenue Minister Todd McClay is seeking feedback on plans to water down New Zealand's 130-year-old tax secrecy provisions as part of a tax administration law review that would give government agencies more access to tax department data. McClay wants to update the country's 21-year Tax Administration Act, releasing a discussion document on making tax simpler in tandem with another paper aimed at making it easier for companies to pay income tax and GST. The tax legislation review proposes relaxing tax...

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