if australia drops there rate to 15% not many companies will be left on the NZX. only be as a secondary listing.
therefore NZ have no choice but to lower company tax if the g7 announcement becomes reality and countries start lowering rates
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if australia drops there rate to 15% not many companies will be left on the NZX. only be as a secondary listing.
therefore NZ have no choice but to lower company tax if the g7 announcement becomes reality and countries start lowering rates
Large parts of the NZX are already owned overseas and it will simply increase.
JP Morgan owns 15% of fisher and paykel plus the additional 10% for blackrock, vangaurd.
NZ can do what it likes since we're a sovereign country.
There are more years than 'this year' I think.
Wrong link.
That's dead right & just which party introduced GST, replacing other duties levies etc
AND incidentally also making promises on Personal Income Tax being at what level within 20 years
of GST being introduced which they have also conveniently been oblivious on honouring up on ? ;)
Who is ripping off & slugging who off exactly in light of this ? ;)
Wherever did (if my memory is correct) recognition of corporate tax paid by way of credits attached to dividends paid elsewhere go ?
AUSTRALIA comes to mind - Franking credits still exist in Oz - next to useless to Kiwi stakeholders directly, other than
perhaps reducing Withholding tax extracted I imagine .. ;