Category Archives: public finance

Back to the Winebox for a book!

This is the first post for a while because I have been writing a book. This is the first in the series which I have called Tax Haven New Zealand. It also features the close links with Australian finance and … Continue reading

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A Turning Point for tax evaders in New Zealand?

The 3rd of March 2017 may well be remembered for the beginning of the end for corporate tax evasion in New Zealand, as the revenue minister announced proposals to mitigate the profit shifting practices of multinational corporations in New Zealand. … Continue reading

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NZ PM lies about Cook Islands connection

The Panama Papers continue to cause confusion in New Zealand as the Prime Minister, John Key, comes under scrutiny for the first time. Yes, the first time. He has always supported the right wing agenda from the 1980s, to create … Continue reading

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The Claytons Tax Haven in New Zealand

It came as a surprise to most people here in New Zealand that a tax haven was being run by a few law firms out of Auckland. Who knew? Well the National Party and officials in the Inland Revenue Department … Continue reading

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Tax Havens, the Cullen Fund, and the Labour Party

Here in New Zealand we don’t mention tax havens much. We got over that with the Winebox Inquiry in the 1990s, and nobody really wants to go there. They are debating the role of transnational corporations and profit shifting elsewhere … Continue reading

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Tax Avoidance: what goes around and comes around?

In the tax haven literature there is a term that always comes up: it’s called a ’round-trip’. In fact the definition of a round-trip has changed a bit over time, but basically it’s when funds are sent through a tax … Continue reading

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Winebox: So what was Simon McArley’s role?

The Winebox was the collective term given to a number of transactions involving the Cook Islands tax haven by a company called European Pacific in the late 1980s. The company was owned by Brierley Investments, Fay Richwhite, and the Bank … Continue reading

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