Tag: taxation
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Green Party Unveils Tax Plan Targeting Wealthy and Corporations, Cutting Income Tax for Most
The Green Party's new tax policy aims to tackle inequality by taxing the super-rich and large corporations, while introducing a $10,000 tax-free threshold to cut income tax for 96% of New Zealanders.
Politics and GovernmentBusinessGeneral PoliticsEconomyElectionSocial IssuesEducationHealth Green PartyTaxationInequalityCorporate TaxIncome TaxWealth Tax
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Green Party Highlights Stark Wealth Inequality in New Zealand
The Green Party reports New Zealand's richest 150 individuals now hold as much wealth as half the country, citing a significant increase in assets amidst rising homelessness and food insecurity, and promises new tax policy.
Politics and GovernmentBusinessGeneral PoliticsEconomySocial IssuesElection Wealth InequalityGreen PartyChlöe SwarbrickTaxation
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High Development Taxes Blamed for Wellington's Housing Shortage
Wellington's housing construction lags due to high effective tax rates on development, despite new zoning. A shift to land value rates is proposed to boost supply and affordability, avoiding urban decline.
Politics and GovernmentBusinessGeneral PoliticsEconomyReal EstateSocial Issues WellingtonHousingTaxationProperty DevelopmentLand Value RatesUrban Planning
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New Zealand Government Reforms Charity Tax Rules for Fairness and Resilience
New Zealand's government is reforming tax rules for charities and not-for-profits, increasing tax-free income, capping donation credits, and allowing earlier refunds. These changes aim for fairness, integrity, and resilience in the vital community sector.
Politics and GovernmentBusinessGeneral PoliticsEconomyLegalSocial IssuesEmployment and Labor CharitiesNot-for-profitTaxationGovernment PolicyDonation Tax CreditCommunity SectorNew Zealand Government
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Media Monitor: ABC News reports on Fortescue payout, gambling report, and AI's global impact
ABC News reports a record $150 million payout by Fortescue to traditional owners, government accusations of burying a gambling report, and the rising global power of AI.
Politics and GovernmentBusinessScience & TechnologyWorldGeneral PoliticsEconomyArtificial IntelligenceSocial IssuesMilitaryEducationAustralia FortescueTraditional OwnersGambling PolicyTaxationABC News PM
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Federated Farmers Call for Rejection of 'Ute Tax 2.0'
Federated Farmers urges Revenue Minister Simon Watts to reject proposed Fringe Benefit Tax changes, which they say could cost farmers thousands annually, branding it a potential 'Ute Tax 2.0'.
Politics and GovernmentBusinessAgricultureEconomyFederal GovernmentTrade Federated FarmersSimon WattsFringe Benefit TaxFBTUte TaxTaxationFarm
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New Zealand Scraps Digital Services Tax Bill
Revenue Minister Simon Watts announced the Government's decision to discharge the Digital Services Tax Bill, favouring a global solution to taxation challenges posed by digitalisation.
Politics and GovernmentBusinessEconomyTradeFederal Government Digital Services Tax BillSimon WattsOECDTaxationRevenueGovernment