Tax avoidance by big business isn’t necessarily illegal; it often means that unscrupulous lawyers have come up with legal loopholes for immoral types. We have mentioned one such method in previous posts: registering a business as a charity. There are several other ways. The next government needs to deal with all of them!
Originally posted on Rangitikei Enviromental Health Watch: From Bryan Bruce: “Every year the IRD identifies about $1.2 BILLION [fraud]committed by NZ business people . Yes..EVERY year. It discovers around $30 million in welfare fraud (tiny by comparison) Yet , as Dr Marriott discovered – welfare fraudsters are far more likely to be sent to prison…