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	<title>TalkTax &#187; Tax Avoidance</title>
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		<title>Penny &amp; Hooper &#8211; legitimate tax planning or avoidance?</title>
		<link>http://www.talktax.co.nz/index.php/2011/08/24/penny-hooper-legitimate-tax-planning-or-avoidance/</link>
		<comments>http://www.talktax.co.nz/index.php/2011/08/24/penny-hooper-legitimate-tax-planning-or-avoidance/#comments</comments>
		<pubDate>Wed, 24 Aug 2011 01:11:38 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Daniel Hunt]]></category>
		<category><![CDATA[Penny & Hooper]]></category>
		<category><![CDATA[Tax Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=1168</guid>
		<description><![CDATA[The Supreme court has today released its long-awaited decision about a landmark tax case – Penny &#38; Hooper.  The case was decided in favour of Inland Revenue and this decision has widespread implications for the many small businesses using trust structures.
The case is a classic example of taxpayers complying with the ‘black-letter’ of the [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>J G Russell 30 years on – is the IRD ever going to give up?</title>
		<link>http://www.talktax.co.nz/index.php/2010/08/06/jg-russell-30-years-on/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/08/06/jg-russell-30-years-on/#comments</comments>
		<pubDate>Thu, 05 Aug 2010 23:59:24 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[IRD]]></category>
		<category><![CDATA[J G Russell]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Russell]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tax Avoidance]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=821</guid>
		<description><![CDATA[...and so the battle continues between a tax “genius” and the IRD.  Since the 1980s, Mr J G Russell (Mr Russell) has been involved in legal disputes with the IRD over various schemes designed to reduce liability for income tax on companies he consulted to.  The IRD claims that he owes millions of dollars in back taxes, which has since grown, with penalties and interest, to a whopping $138m.

Its unimaginable how much money and IRD resources have gone into trying to incarcerate Russell, let alone the fees paid to tax lawyers in Russell’s defence.  But seriously, is there really any benefit to be gained in continuing this battle and yet spending more and more taxpayer’s money? ]]></description>
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		<slash:comments>4</slash:comments>
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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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		<slash:comments>0</slash:comments>
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		<title>LAQC’s–Tax Avoidance?</title>
		<link>http://www.talktax.co.nz/index.php/2010/02/24/laqcs-tax-avoidance/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/02/24/laqcs-tax-avoidance/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 03:38:26 +0000</pubDate>
		<dc:creator>Hector Bassett</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[LAQC]]></category>
		<category><![CDATA[Tax Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=536</guid>
		<description><![CDATA[A word of encouragement before you discontinue your investment LAQC or make any voluntary disclosures to the IRD – make sure you consult your accountant or tax advisor and consider all the relevant facts.
It appears there has been something of an irrational and hasty response to IRD’s Revenue Alert (www.ird.govt.nz/technical-tax/revenue-alerts/revenue-alert-ra0701.html) and related information advising of [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Win a copy of Tax Avoidance Law in New Zealand</title>
		<link>http://www.talktax.co.nz/index.php/2009/09/01/win-a-copy-of-tax-avoidance-law-in-new-zealand/</link>
		<comments>http://www.talktax.co.nz/index.php/2009/09/01/win-a-copy-of-tax-avoidance-law-in-new-zealand/#comments</comments>
		<pubDate>Mon, 31 Aug 2009 23:27:51 +0000</pubDate>
		<dc:creator>Dione Kimpton, TalkTax Editor</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Competitions]]></category>
		<category><![CDATA[Tax Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=264</guid>
		<description><![CDATA[Fancy a free book…? Post an article or comment on a posting on TalkTax in September and you could win one of two copies of James Coleman’s new book ‘Tax Avoidance Law in New Zealand’…
Tax Avoidance
]]></description>
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