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As of May 2020 only 1/3 (33%) of NZ Councils require Certified self containment.{683744672424411} In 2020 the Self Containment Standard and it use by Private organizations came under Investigation by Internal Affairs, Commerce Commission and others.
In 2021-22, Inland Revenue collected $100.6 billion in tax revenue, [6] which helped pay for the services that all New Zealanders benefit from such as social security and welfare, health and education. Other services included law and order, housing and community development, environmental protection, defence, transport, and heritage, culture ...
Goods and services tax (GST) is an indirect tax introduced in New Zealand in 1986. This represented a major change in New Zealand taxation policy as until this point almost all revenue had been raised via direct taxes. GST makes up 24% of the New Zealand Government's core revenue as of 2013. [37]
Winston Peters, who instigated the winebox inquiry. The Commission of Inquiry into Certain Matters Relating to Taxation, popularly known as the Winebox Inquiry, was an inquiry undertaken in New Zealand to investigate claims of corruption and incompetence in the Serious Fraud Office (SFO) and Inland Revenue Department (IRD).
Goods and Services Tax (GST; Māori: Tāke hokohoko) is a value-added tax or consumption tax for goods and services consumed in New Zealand. GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [1] It ...
The Ministry for Regulation is the fourth central agency within the New Zealand Government alongside the Department of the Prime Minister and Cabinet, Public Service Commission, and the New Zealand Treasury. [5] [6] The Ministry falls under the portfolio of Minister for Regulation David Seymour and is headed by chief executive Gráinne Moss. [5]
The Parliamentary Counsel Office (PCO; Māori: Te Tari Tohutohu Pāremata) is New Zealand's law drafting office. It drafts New Zealand Government Bills (except Inland Revenue Bills) and Legislative Instruments. It also publishes all New Zealand Bills, Acts, and Legislative Instruments in print and on the New Zealand Legislation website.
Penny and Hooper ([2011] NZSC 95) [1] was a landmark taxation case in New Zealand that reached the Supreme Court of New Zealand, which was a major victory for the Inland Revenue Department (IRD) on the issue of tax avoidance.