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Martin Wheatley of the SFC months before the closing auction system allowed for HSBCs share drop

New Zealand listens to tax report

Date: February 2010

By Jack Grocott

New Zealand's prime minister has unveiled plans to reform the country's tax system just three weeks after a working group told the government that drastic change was needed.

Last week John Key's opening speech to parliament proposed tax reforms for 2010 that echoed part of the findings of a report by the Victoria University-based Tax Working Group.

The full version of this story is available at www.internationaltaxreview.com.