Christchurch, New Zealand -2 December, 2011 - New Zealand's leading online tax refunds company NZ Tax Refunds has ranked 30th on this year's Asia Pacific Deloitte Technology Fast 500 with 1401% growth.

Hon Peter Dunne Minister of Revenue Speech Keynote Address to NZ Institute of Chartered Accountants (NZICA), 2011 Tax Conference Auckland, 9.30am Friday 11 November

A double tax agreement between New Zealand and Hong Kong is now in force, Revenue Minister Peter Dunne announced today. Mr Dunne has welcomed the new agreement, which was signed in December last year.

Following the abolition of Gift Duty, Age Concern New Zealand reminds older people to think carefully before disposing of their assets. Age Concern's honorary solicitor Jock Nicolson is concerned older people may be encouraged to give away too many assets prematurely.

Revenue Minister Peter Dunne today called for public submissions on certain remedial matters focused on simplifying aspects of tax administration and compliance. Key areas include:

Leading expert and former IRD advisor professor Chris Ohms from AUT University Law School says that the decision by the Supreme Court yesterday regarding the Penny and Hooper case does not create uncertainty, contrary to the views expressed today in the media.

The release today of a discussion document from the IRD on GST and transactions with non-resident businesses has been welcomed by Deloitte tax partner Allan Bullot.

A petition signed by 40 000 New Zealanders asking for GST to be removed from food will be presented at Parliament at noon tomorrow Tuesday 16 August 2011.

People renting out their house for the Rugby World Cup are under scrutiny from Inland Revenue to ensure they meet their tax obligations.

Millionaires are the biggest beneficiaries from of the lack of tax on capital gains while the vast majority of New Zealanders would be completely untouched by such a tax, Green Party Co-leader Dr Russel Norman said today.