Tax Facts

NEW ZEALAND: Two Victories for Taxpayers: TVNZ/RadioNZ (RNZ) merger scrapped and the New Job Tax Postponed

Section: Members Highlights / Tax Facts / WTA Blog
18 March 2023 | New Zealand Taxpayers’ Union / New Zealand

New Zealand

Recently, New Zealand’s government was forced to drop its expensive plans to merge TVNZ and RNZ on which it planned to spend $3 million on rebranding alone.
The New Zealand Taxpayers’ Union has been at the forefront of the campaign against the merger. Far from creating a more diverse media landscape, the merger would have served to concentrate power, and erode diversity and trust in media sources.

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Tax Foundation Released the 2022 Corporate Tax Rates around the World

Section: Members Highlights / Tax Facts / WTA Blog
27 December 2022 | Tax Foundation / United States

United States

The Tax Foundation released the 2022 Corporate Tax Rates around the World.

Here are the four main takeaways from this data-driven research and analysis:

Data on the decades-long decline: Over the past four decades, corporate tax rates around the world, including in the largest economies, have declined from an average of 40 percent to 23 percent as countries have recognized the impact that high corporate rates have on business investment decisions.

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