18 Pages Posted: 11 Apr 2016
Date Written: April 11, 2016
The New Zealand tax system is so structured as to allow the country to be used as a tax haven. Specifically, it allows non-residents to use trusts established in New Zealand to avoid the tax they would otherwise have to pay in their home country. This article explains how this works, and asks whether New Zealand law should be changed so as to prevent tax avoidance of this kind or, at least, to make it easier for other governments to prevent it.
Keywords: New Zealand, tax, tax avoidance, tax haven, Panama papers, trusts
Suggested Citation: Suggested Citation
Littlewood, Michael, Using New Zealand as a Tax Haven: How is it Done? Could it Be Stopped? Should it Be Stopped? (April 11, 2016). Available at SSRN: https://ssrn.com/abstract=2761993