Nowhere to run for tax evaders

Unfortunately, tax evaders create an unfair playing field in their industry. 

Those who obey tax law experience unfair competition from those who don’t. As cash disappears due to the increasing use of debit and credit cards, it is becoming more difficult for some businesses to evade tax. 

The net is also getting tighter for those who think they can hide money overseas. Cooperation between the New Zealand government and a large number of other governments around the world is increasing by means of the OECD. Not only does information pass between the governments but also there is cooperation in finding those who would dodge their responsibilities, such as childcare.

 

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