1. GSP preferential margin: It is a preferential tax rate provided by developed countries to developing countries. It is based on the MFN tariff rate and is therefore the minimum tax rate. It is a one-way, non-reciprocal tax rate. Including the European Union, Japan, Canada, Norway, Switz...
However, National’s plan to increase the country’s tax take by allowing foreigners, currently banned, to buy houses worth more than NZ$2 million ($1.18 million) and tax those purchases at 15% has been criticised by several economists, who argue it will not bring...
We have consolidated our gains inpoverty eliminationand advanced rural revitalization across the board. We have introduced tax and fee cuts and other measures toease the burdenon businesses, and made active efforts to solve the mostpr...
(Fitch) • Earnings well-balanced across a spread of businesses*: - 39% Retail Banking - 24% Relationship Banking - 21% Institutional - 16% Other NZ$ m 1200 900 Consistent strong profit (Profit after tax) 1072 1168 917 848 960 600 300 0 FY '05 FY '06 FY '07 June '07* June '...