Panama Papers
-
Andrew Little is a twat..his typical MO is to have a cry about what John Key does and talk shit...how is this guy the best Labour have?
-
<blockquote class="ipsBlockquote" data-author="taniwharugby" data-cid="578417" data-time="1462820471"><p>
Andrew Little is a twat..his typical MO is to have a cry about what John Key does and talk shit...how is this guy the best Labour have?</p></blockquote>
<br>
Yes he is. Twat can't even win his own seat. Yesterday he was trying to explain how pink batts work, he made s cock of himself as it was obvious he didn't really understand it. -
This is weak stuff, it makes a change from tossing the Green party's salad as the dompost editor is very prone to doing.<br><br>
<a data-ipb='nomediaparse' href='http://i.stuff.co.nz/business/industries/79801447/Editorial-Fiddling-as-we-lose-our-good-name-over-Panama-Papers'>http://i.stuff.co.nz/business/industries/79801447/Editorial-Fiddling-as-we-lose-our-good-name-over-Panama-Papers</a> -
<blockquote class="ipsBlockquote" data-author="jegga" data-cid="578419" data-time="1462823462"><p>
This is weak stuff, it makes a change from tossing the Green party's salad as the dompost editor is very prone to doing.<br><br><a class="bbc_url" href="http://i.stuff.co.nz/business/industries/79801447/Editorial-Fiddling-as-we-lose-our-good-name-over-Panama-Papers">http://i.stuff.co.nz/business/industries/79801447/Editorial-Fiddling-as-we-lose-our-good-name-over-Panama-Papers</a></p></blockquote>
<br>
"Do we really want to be mentioned in the same breath as Luxembourg, Monaco and Switzerland..."<br><br>
Wouldn't have thought that's a bad thing myself. -
<p>Since when did Labour, Greens , Hager and tame leftie journalists like Vance care about NZ businesses trying to do business overseas?</p>
<p>if they care sooooo much about helping NZ business do business overseas... why are they trying to squash the TPPA?</p>
<p> </p>
<p>All this bullshit about our reputation being damaged over this is just a lie, I would like to see one single example of that being quantifiably the case.</p> -
<blockquote class="ipsBlockquote" data-author="Godder" data-cid="578383" data-time="1462790185">
<div>
<p> Also, it's a real risk to NZ's reputation, even if that risk is based on mistaken belief - sometimes, that matters more.</p>
</div>
</blockquote>
<p> </p>
<p>What reputation, Godder? The financial world considers NZ to be an open, honest, transparent and stable country which offers little to no systemic risk to investments made there. That's about where it ends I'm afraid.</p>
<p> </p>
<p>The commentators would have us believe that our good reputation as a financial centre is at risk, when we don't really have one, good or bad. We're apparently supposed to believe that important people all over the world are thinking about us constantly. They don't.</p>
<p> </p>
<p>Vance and Hager want us to believe that the revelations that they have uncovered through the Panama Papers is causing everyone else to look at us in a new light, when they don't actually look at us in much of a light at all. We're minnows - nice ones, but hardly important.</p>
<p> </p>
<p>Investors will continue to invest where they think it makes most sense. In the past NZ's combination of relatively high interest rates and political and economic stability made it an attractive place to park idle cash, or for carry trading, but not any more. We have little significance in the financial world except for what we can provide in the way of services. Our timezone is very awkward for supporting any actual trading or anything volatile, but we can support things like trusts which once created need little or no real time maintenance. Or we can throw the baby out with the bathwater.</p>
<p> </p>
<p>Once again we have a crowd of people who's instinct is to ban stuff, not make stuff or do stuff. They say they want to fix the trust industry, but their version of fixing is to change it in such a way that it is no longer fit for purpose. Which of course is the real goal, because capitalism is the enemy.</p> -
Apart from the mildly amusing story about the elvis impersonator this is looking like a bit of a damp squib . Hagars smears only seem to work if you want to believe them , leftards like the loseratti on the standard lap this shit up. Even Chris Trotter and Julie Ann Genter admitted this is a storm in s teacup.<br><br>
Our media really are in a sad way and there were stories last night about the herald and stuff merging which isn't going to help. On the plus side they probably only need one of either Ratturd and Reason . -
<blockquote class="ipsBlockquote" data-author="booboo" data-cid="578421" data-time="1462824276"><p>
"Do we really want to be mentioned in the same breath as Luxembourg, Monaco and Switzerland..."<br><br>
Wouldn't have thought that's a bad thing myself.</p></blockquote>
<br>
Which countries do leftards want us to be mentioned in the same breath as ? Greece and Venezuala? -
<blockquote class="ipsBlockquote" data-author="jegga" data-cid="578440" data-time="1462833185">
<div>
<p>Apart from the mildly amusing story about the elvis impersonator this is looking like a bit of a damp squib . Hagars smears only seem to work if you want to believe them , leftards like the loseratti on the standard lap this shit up. Even Chris Trotter and Julie Ann Genter admitted this is a storm in s teacup.<br><br>
Our media really are in a sad way and there were stories last night about the herald and stuff merging which isn't going to help. On the plus side they probably only <em><strong>need</strong></em> one of either Ratturd and Reason .</p>
</div>
</blockquote>
<p> </p>
<p>?</p> -
<a data-ipb='nomediaparse' href='http://i.stuff.co.nz/business/79814716/Panama-Papers-Green-Party-donor-listed-in-offshore-leaks'>http://i.stuff.co.nz/business/79814716/Panama-Papers-Green-Party-donor-listed-in-offshore-leaks</a><br><br>
Awkward -
<blockquote class="ipsBlockquote" data-author="jegga" data-cid="578534" data-time="1462856315">
<div>
<p><a data-ipb='nomediaparse' href='http://i.stuff.co.nz/business/79814716/Panama-Papers-Green-Party-donor-listed-in-offshore-leaks'>http://i.stuff.co.nz/business/79814716/Panama-Papers-Green-Party-donor-listed-in-offshore-leaks</a><br><br>
Awkward</p>
</div>
</blockquote>
<p> </p>
<p> </p>
<p>Yet another reason why Shaw is a retard...</p>
<p> </p>
<p>"It's not whether someone's got a foreign trust, it's whether they're doing anything illegitimate such as tax avoidance, money laundering of anything like that," he said.</p>
<p> </p>
<p>Since when is tax avoidance illegitimate ?</p> -
<p>Now Greenpeace have been named in the as using the trusts </p>
<p> </p>
<p><a data-ipb='nomediaparse' href='https://offshoreleaks.icij.org/nodes/121744'>https://offshoreleaks.icij.org/nodes/121744</a></p>
<p> </p>
<p><img src="http://www.torontomazda3.ca/forum/images/smilies/facepalm.gif" alt="facepalm.gif"></p> -
<p>am sure they had legit reasons for using one unlike anyone that put thier money in a NZ trust.</p>
-
<blockquote class="ipsBlockquote" data-author="Baron Silas Greenback" data-cid="578538" data-time="1462858237">
<div>
<p>Yet another reason why Shaw is a retard...</p>
<p> </p>
<p>"It's not whether someone's got a foreign trust, it's whether they're doing anything illegitimate such as tax avoidance, money laundering of anything like that," he said.</p>
<p> </p>
<p><em><strong>Since when is tax avoidance illegitimate ?</strong></em></p>
</div>
</blockquote>
<p> </p>
<p>That pisses me off so much in the press - when they whine about tax <strong>avoidance</strong>. Every company on the actively & agressively tries to avoid tax. Its completely legal and will get you in zero trouble. </p>
<p> </p>
<p>Anyone reporting that is either an idiot who doesn't know the difference between evasion & avoidance, or more probably, working on the idea that their audience doesn't.</p> -
<blockquote class="ipsBlockquote" data-author="gollum" data-cid="578614" data-time="1462871024">
<div>
<p>That pisses me off so much in the press - when they whine about tax <strong>avoidance</strong>. Every company on the actively & agressively tries to avoid tax. Its completely legal and will get you in zero trouble. </p>
<p> </p>
<p>Anyone reporting that is either an idiot who doesn't know the difference between evasion & avoidance, or more probably, working on the idea that their audience doesn't.</p>
</div>
</blockquote>
<p> </p>
<p>It was the co leader of the Green party... so reassuring when someone who is supposedly the 'face of business' for the Greens doesnt have basic knowledge.</p> -
<blockquote class="ipsBlockquote">
<p> </p>
<p><span style="color:rgb(51,51,51);font-family:arial, helvetica, sans-serif;font-size:12.8px;">The penalty for taking an abusive tax position is 100% of the resulting tax shortfall. The purpose of the penalty is to deter taxpayers from entering into arrangements for the main purpose of avoiding tax.</span></p>
<p style="font-size:12.8px;color:rgb(51,51,51);font-family:arial, helvetica, sans-serif;">An abusive tax position is one that:</p>
<ul><li>is based on an unacceptable tax position, and</li>
<li>has tax avoidance as a dominant purpose.</li>
</ul><p style="font-size:12.8px;color:rgb(51,51,51);font-family:arial, helvetica, sans-serif;">For an abusive tax position shortfall penalty to be imposed on tax positions taken before 1 April 2008, the tax shortfall must be more than $20,000.</p>
<p style="font-size:12.8px;color:rgb(51,51,51);font-family:arial, helvetica, sans-serif;"><a data-ipb='nomediaparse' href='http://www.ird.govt.nz/how-to/debt/penalties/shortfall-penalties/sf-penalty-abusive.html'>http://www.ird.govt.nz/how-to/debt/penalties/shortfall-penalties/sf-penalty-abusive.html</a></p>
</blockquote>
<p> </p>
<p>I don't believe you can apply a blanket ruling to the foreign trusts as each situation would have to be judged on it's merits, but you can get in trouble for tax avoidance in the form of penalties (just not a criminal conviction). </p> -
<p>John Key kicked out of Parliament...Greens/Greenpeace demand apology.</p>
<p> </p>
<p><a data-ipb='nomediaparse' href='http://www.stuff.co.nz/national/politics/79871399/key-thrown-out-of-parliament-over-panama-papers-row.html'>http://www.stuff.co.nz/national/politics/79871399/key-thrown-out-of-parliament-over-panama-papers-row.html</a></p>
<p> </p>
<p>Key thrown out of Parliament over Panama Papers row </p>
<div>
<div>
<div>
<div>
<div>
<div> </div>
</div>
</div>
</div>
</div>
</div>
<p> </p>
<div>
<div>
<div>
<div>
<p><span>JO MOIR</span></p>
<p> </p>
</div>
</div>
</div>
</div>
<div><img src="http://www.stuff.co.nz/content/dam/images/1/b/a/6/c/q/image.related.StuffLandscapeSixteenByNine.620x349.1bjx5z.png/1462935348708.jpg" title="" alt="1462935348708.jpg"><div><span>CHRISTEL YARDLEY / FAIRFAX NZ</span></div>
<div>
<p>John Key refuses to apologise over Greenpeace claims.</p>
</div>
<div> </div>
</div>
<p>John Key has been kicked out of the House by the Speaker for the first time since being elected Prime Minister.</p>
<p>Key was made to leave the debating chamber after he continued to talk over top of Speaker David Carter after he rose to his feet.</p>
<p>"Obviously I just didn't see him, didn't hear him, I was in the middle of an answer," he said after leaving the House.</p>
<p>"I was talking to James Shaw but you know (the Speaker) makes the call."</p>
<p> </p>
<p>Key said he had "never been kicked out as Prime Minister before."</p>
<p>Key had been in heated debate with Opposition politicians over his claim Greenpeace was listed in the Panama Papers data base.</p>
<p>Greenpeace called it a sham reference.</p>
<p>Key was answering a question from Greens co-leader James Shaw about why the Prime Minister wouldn't apologise to Greenpeace for wrongly implicating them in the Panama Papers.</p>
<div>
<div>
<div> </div>
</div>
</div>
<p>"I don't like the fact that they're there but they are there so in what way have I misrepresented them?" Key said.</p>
<p>"I think the member should do this, I think he should get on his feet and say, John, on Saturday night I went on TV..."</p>
<p>At that point Carter cut off Key's microphone and rose to his feet and demanded order but Key continued to shout across the House at Shaw.</p>
<p>Carter said the same thing had happened yesterday and he had given Key a "fair warning" and he was to be treated "no differently to anyone else in this chamber".</p>
<p>He then told the Prime Minister to leave.</p>
<p>Before heading into the house, Key told waiting media he would not apologise for mentioning Greenpeace. </p>
<p>"No, look it's a statement of fact actually that Greenpeace are in the database - they are a beneficiary, as you can see, of the exodus trust. </p>
<p>"And I think what it goes to prove actually is that a lot of New Zealanders are having their name dragged across the TV set every night, who are unwittingly implicated simply by going about and doing their things. </p>
<p>"They have no knowledge of what's happening at all."</p>
<p>That was the "real danger" of the database. </p>
<p>"[Greenpeace] are in the database, I'm not making it up. I mean, you go into the database, you type in Greenpeace and they come up. </p>
<p>"And that's not the only issue, I mean last night we saw a situation where Deborah Pead's name was right across the TV set and she's done absolutely nothing wrong. </p>
<p>"I mean that's essentially my message to New Zealanders; there's some serious issues for us to consider out of the Panama Papers, the Government takes the issue seriously," he said.</p>
<p>It was a "tragic sullying" of the names of some people. </p> -
<p>Good on him for not apologising. So sick of 'demands for apologies'. You should never apologise unless you are actually... sorry.</p>
-
<p>or wrong....Greens/Labour cant have it both ways, they want to drag peoples names out all over, but someone on their side of the fence will get caught up too.</p>
-
<p>And I feel easier about a faceless corporate getting named than small businessman and families.</p>
<p> </p>
<p>But I dont like the naming of people or companies that are doing nothing wrong at all.</p>