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flag New Zealand is rolling back tax transparency laws, eliminating data on wealthy taxpayers' low rates and trust disclosures, sparking concerns over fairness and accountability.

flag New Zealand is repealing key tax transparency measures, including a provision that allowed the Inland Revenue to study high-net-worth individuals' tax rates, sparking criticism from advocates. flag The move removes access to data showing the top 311 families paid an effective tax rate of 9.4%, far below middle-income earners. flag It also eliminates mandatory trust disclosures, reducing oversight of wealth held in trusts. flag Critics warn the changes undermine accountability, enable tax avoidance by the wealthy, and weaken efforts to ensure fair tax contributions.

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