IRD says Oxfam report on pharmas misleading

IRD says Oxfam report on pharmas misleading

The Oxfam report claiming pharmaceutical companies in New Zealand are underpaying tax by some $21 million completely misrepresents the situation here says Inland Revenue Department (IRD) international Strategy Manager, John Nash. “Obviously we cannot comment on specific taxpayers but taking a global profitability figure and applying it across the board, as this report does, cannot illustrate what’s really happening in…

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IRD affirms close watch over property investors

IRD affirms close watch over property investors

Richard Owen Any suggestion that the Inland Revenue Department (IRD) has taken its eye off the ball when it comes to property investors is thoroughly misleading. Just under 100 Inland Revenue compliance specialists are focused on making sure property investors are aware of their tax obligations – including the bright-line test. The Property Compliance Programme was established in 2008. Some…

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SIA scores another first with pharmaceutical cargo

SIA scores another first with pharmaceutical cargo

Supplied Content Singapore Airlines (SIA) has announced the launch of ‘Thrucool,’ a new service to transport high-value, time-sensitive and temperature-controlled pharmaceutical cargo with speed and reliability. Dedicated Cold Chain Thrucool offers dedicated cold chain services to safeguard the integrity of pharmaceutical and healthcare shipments during air transportation. These include priority uplift and handling, quick ramp transfers at airports, cold room…

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Employment Amendment Bill being fine-tuned

Employment Amendment Bill being fine-tuned

Labour and New Zealand First are working on some changes to the government’s employment law legislation, Prime Minister Jacinda Ardern has said. ‘The Employment Relations Amendment Bill,’ which is before Parliament, scraps the 90-day trial period for businesses with 20 or more employees and carries a raft of union-friendly changes including collective agreement bargaining and greater union access to workplaces. Concerns expressed…

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PM-FM meet paves way for stronger Indo-Fiji ties

PM-FM meet paves way for stronger Indo-Fiji ties

Venkat Raman Fiji’s Prime Minister Josaia Voreqe Bainimarama has exalted his country’s relationship with India, saying that the world’s largest democracy has always been a friend and supporter. Following a meeting held with India’s External Affairs Minister Sushma Swaraj in New York on September 25, 2018 he acknowledged ‘India’s many contributions to Fiji’s development, culture and people-to-people exchanges.” Mr Bainimarama,…

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Minister says UN should open its doors to Taiwan

Jaushieh Joseph Wu The 2030 Agenda for Sustainable Development, adopted at the 70th session of the United Nations General Assembly in 2015, set bold goals to shift the world onto a sustainable, resilient path. Here was also pledged the formation of a revitalised Global Partnership for Sustainable Development including all countries, all stakeholders and all people, such that no one…

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BNZ gets Canstar Small Business Bank Award, again

Staff Reporter BNZ has won the ‘Canstar Small Business Bank of the Year 2018’ Award, in recognition of its passion to support small businesses that power New Zealand’s economy. Chief Executive Officer Angie Mentis said that winning the ‘Canstar Small Business Bank of the Year 2018’ was a ‘great acknowledgment of BNZ’s continued commitment to delivering the exceptional service, products…

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