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Brian Gaynor
It would be a huge mistake to believe that most Americans are obsessed with President Donald Trump and the ongoing drama in the nation's capital. Most Americans get on with life and are usually more interested in local matters.
Panama is an important tax haven because it only taxes income earned in Panama; it doesn't tax income derived in other countries. Offshore companies incorporated in Panama, and their owners, are exempt from any corporate taxes, withholding taxes, income tax, capital gains tax, local taxes and estate, inheritance or gift taxes.
As Serco is hoping to expand its operations in New Zealand it is important to ascertain whether its problems at the Mt Eden Corrections Facility are a one-off or whether it has a history of contract problems.
The 2013 Census figures show that overseas-born New Zealand residents now represent 23.6 per cent of the country’s total population, compared with 21.8 per cent in the 2006 Census and 18.7 per cent in the 2001 Census.
