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New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
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| TODAY 12/03: Lowtax
Costa Rica, annual update |
| 11/03 Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 09/03 Word
Search Puzzle, on Lowtax |
| 08/03 Jobs
For All,
Jeremy Hetherington-Gore blog |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
| 04/03 New
Lowtax Editor Column,
by Kitty Miv |
03/03  Personal
Business Tax Guide, PBTG, has launched!
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| Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
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| 24/02 Lowtax
Cyprus, annual update
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| 22/02 Lowtax
Brunei, annual update
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| 17/02 Dubai
- A Stately Business Dome Decreed, Investors Offshore special feature
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| 15/02 Lowtax
Australia,
major content expansion
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| 27/01 Lowtax
Germany, major content expansion
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| Lowtax Network Sites |
| Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. |
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News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| ANZO Points To Investor Concerns On Proposed NZ Property Taxes |
by Mary Swire, Tax-News.com, Hong Kong
Monday, February 08, 2010
The management board of AMP NZ Office Trust (ANZO), New Zealand’s largest
listed investor in prime commercial office property, while announcing its interim
results, has expressed concerns about the impact of two of recommendations included
in the recent report by New Zealand’s Tax Working Group.
Chairman Craig Stobo said that the proposed removal
of building depreciation and the introduction of a land tax, if adopted, will
have a negative impact on the near-term stability of earnings and investor distributions
for ANZO and other listed and unlisted commercial property entities.
“Listed property is an investment which is particularly popular with
older investors, who are already finding it tough in this economic environment
and depend on regular income from their investments,” he said.
Meanwhile, ANZO stated, there is also a potential impact on businesses from
the proposed land tax, as the most likely outcome is that this will be passed
through to building occupiers as permitted by the majority of lease contracts.
“The burden of these proposed taxes is therefore going to be borne by
investors who have taken steps to provide for their future, and the businesses
which are providing jobs for the current generation of workers – neither
of which have much ability to absorb new costs in the current economic environment,” Stobo added.
He concluded that: “New Zealand’s relative competitive position
on the global stage and ability to attract capital from overseas investors will
also be diminished by any new taxes that are imposed.”
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