What a timely news article! This is Mr. Key’s first ever ejection from Parliament during his tenure as Prime Minister.
Over the Panama Papers no less. Clearly there’s a lot of controversy around foreign trusts and whether or not international firms and lawyers are using our lenient tax laws for the purposes of tax planning. Don’t think I’ve ever seen him lose his cool like that before, hopefully when the dust settles we can have a clear and concise future of our tax legislation that doesn’t put it under the spotlight of tax avoidance.
What we need is robust debate, hopefully this serves as a sign and we can be productive sooner than later.