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	<title>TalkTax &#187; Avoidance and tax planning</title>
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		<title>It&#8217;s happening everywhere ..</title>
		<link>http://www.talktax.co.nz/index.php/2011/11/22/its-happening-everywhere/</link>
		<comments>http://www.talktax.co.nz/index.php/2011/11/22/its-happening-everywhere/#comments</comments>
		<pubDate>Tue, 22 Nov 2011 03:30:09 +0000</pubDate>
		<dc:creator>John Peterson</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Investment]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=1253</guid>
		<description><![CDATA[An annual survey by the global accounting firm Ernst &#38; Young found tax authorities are becoming more aggressive and forcing companies and governments into more clashes over tax laws.   88% of large companies surveyed said managing tax risk and controversy would become even more important to them in the next two years.]]></description>
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		<title>David Tua v Inland Revenue – now this will be an interesting fight…</title>
		<link>http://www.talktax.co.nz/index.php/2010/10/12/david-tua-v-ird/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/10/12/david-tua-v-ird/#comments</comments>
		<pubDate>Tue, 12 Oct 2010 05:20:31 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Avoidance]]></category>
		<category><![CDATA[IRD]]></category>
		<category><![CDATA[self assessment]]></category>
		<category><![CDATA[Tax]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=942</guid>
		<description><![CDATA[One of the great unknowns when you enter the boxing ring is how hard your opponent will be able to hit you.  In recent times, the Inland Revenue has just delivered a couple of powerful punches to the face of David Tua, claiming he owes a whopping $2.2 million in unpaid taxes.
Inland Revenue has [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>In an increasingly complex tax world, how do you stay out of trouble?</title>
		<link>http://www.talktax.co.nz/index.php/2010/09/23/how-do-you-stay-out-of-trouble/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/09/23/how-do-you-stay-out-of-trouble/#comments</comments>
		<pubDate>Thu, 23 Sep 2010 08:57:01 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[Tax accounting]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[complex]]></category>
		<category><![CDATA[disputes]]></category>
		<category><![CDATA[IRD audit]]></category>
		<category><![CDATA[knowledge]]></category>
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		<category><![CDATA[Tax]]></category>
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		<guid isPermaLink="false">http://www.talktax.co.nz/?p=926</guid>
		<description><![CDATA[Tax headlines recently have reflected lengthy tax disputes, many which have been lost by the taxpayer. Inland Revenue has increased its focus on tax audits and this can leave many companies feeling nervous about their practices. Are you next?
The complexities of the New Zealand Taxation system
Taxation is an area that many businesses struggle with and [...]]]></description>
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		<title>Tax Avoidance – it all comes down to statutory interpretation</title>
		<link>http://www.talktax.co.nz/index.php/2010/07/11/tax-avoidance-statutory-interpretation/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/07/11/tax-avoidance-statutory-interpretation/#comments</comments>
		<pubDate>Sat, 10 Jul 2010 22:56:16 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[Tax accounting]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Tax Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=775</guid>
		<description><![CDATA[In recent times, we have seen several tax cases being lost by Taxpayers.  Analysing the judgments, I believe we have seen a fundamental move when dealing with tax avoidance – a move back towards statutory interpretation.  The Newton and Elmiger cases are the policy basis for our anti-avoidance rule as they focus on [...]]]></description>
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		<title>Penny and Hooper</title>
		<link>http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/#comments</comments>
		<pubDate>Mon, 07 Jun 2010 23:19:48 +0000</pubDate>
		<dc:creator>Vicki Ammundsen</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax accounting]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Avoidance]]></category>

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		<description><![CDATA[The appeal in Penny and Hooper has been decided in favour of the Commissioner in a 2:1 majority decision of the Court of Appeal released on 4 June 2010.
In the first instance the decision could be considered to have been rendered largely nugatory for the time being given the recent reduction of the top marginal [...]]]></description>
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		<slash:comments>7</slash:comments>
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		<title>Case Z24 &#8211; Troubling trends in tax avoidance jurisprudence</title>
		<link>http://www.talktax.co.nz/index.php/2010/03/17/568/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/03/17/568/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 03:43:41 +0000</pubDate>
		<dc:creator>John Peterson</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=568</guid>
		<description><![CDATA[In Case Z24 the taxpayer had transferred an avocado orchard and her private practice as an anaesthetist to a family company.  In the 2003 and 2004 years she provided her services to the family company for a nil or low salary.   The Commissioner had argued that the rent paid by the family company to the [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
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		<title>BNZ Tax avoidance decision</title>
		<link>http://www.talktax.co.nz/index.php/2009/08/12/bnz-tax-avoidance-decision/</link>
		<comments>http://www.talktax.co.nz/index.php/2009/08/12/bnz-tax-avoidance-decision/#comments</comments>
		<pubDate>Wed, 12 Aug 2009 02:08:16 +0000</pubDate>
		<dc:creator>Marilyn Hay</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=256</guid>
		<description><![CDATA[The BNZ has confirmed  that it has filed a notice to appeal the High Court’s decision in BNZ Investments Limited v C of IR. The  High Court had ruled that the bank’s use of six structured finance transactions  between 1998 and 2005 was tax avoidance – see James Coleman’s posting below.
]]></description>
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		<slash:comments>0</slash:comments>
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		<title>BNZ Final Judgment</title>
		<link>http://www.talktax.co.nz/index.php/2009/08/12/bnz-final-judgment/</link>
		<comments>http://www.talktax.co.nz/index.php/2009/08/12/bnz-final-judgment/#comments</comments>
		<pubDate>Tue, 11 Aug 2009 23:58:20 +0000</pubDate>
		<dc:creator>James Coleman</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Judgments]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=249</guid>
		<description><![CDATA[On 15 July 2009 Wild J issued his final decision in the long running BNZ structured finance litigation. The decision is BNZ Investments Ltd v C of IR (unrep, HC Wellington, CIV 2004-485-1059; CIV 2005-485-1045; CIV 2006-485-1028; CIV 2006-485-2084; CIV 2008-485-1056, 15 July 2009).
This is the second High Court decision concerning the application of the [...]]]></description>
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