John Keys Panama Papers IRD Crack Squad

Prime Minister John Key said Inland Revenue staff have trawled through the Panama Papers and found fewer than 200 foreign trusts registered in New Zealand had links to Mossack Fonseca and all had been disclosed.

The Inland Revenue ‘crack squad’ was charged with looking through the files released early this morning to ensure no New Zealanders were dodging their tax obligations and that foreign trusts in New Zealand were within their legal obligations.

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