The Panama Papers exposed a world in which the uber-rich and powerful were able to hide unimaginable wealth. The reporters who broke the story describe how they did it. “When it takes a whistleblower to sound the alarm… it signals that democracy’s checks and balances have all failed.” The final words in the documentary The … Read more
New Zealand is one of the most profitable credit card markets in the world, one that’s dominated by Visa and Mastercard. Both companies benefit from sweetheart tax deals from being based in Singapore, but with increased scrutiny on international tech behemoths over their tax records, is it time for us to take a closer look … Read more
The World Bank estimates New Zealand’s hidden economy at more than $20 billion. Michelle Duff meets the IRD investigators chasing down the cash. This is the first in a series on the heroes and villains of tax. Illustration by Toby Morris. When investigators arrived at the Auckland couple’s expansive property, it was a suburban sort … Read more