{"id":2564,"date":"2023-01-27T05:40:16","date_gmt":"2023-01-26T16:40:16","guid":{"rendered":"https:\/\/thebuzz.apnanetwork.co.nz\/?p=2564"},"modified":"2023-01-27T05:40:16","modified_gmt":"2023-01-26T16:40:16","slug":"air-new-zealand-gets-its-tax-back-from-the-cook-islands","status":"publish","type":"post","link":"https:\/\/thebuzz.apnanetwork.co.nz\/?p=2564","title":{"rendered":"Air New Zealand gets its tax back from the Cook Islands"},"content":{"rendered":"<div class=\"article__body\">\n<p>The Cook Islands Government has paid $5.4 million to Air New Zealand following a High Court case in Rarotonga.<\/p>\n<p>The\u00a0<a href=\"https:\/\/s3.documentcloud.org\/documents\/23586915\/air-nz-v-collector.pdf\">court ruled<\/a>\u00a0in the airline&#8217;s favour and said Air New Zealand taxes should be paid in New Zealand instead of the Cook Islands.<\/p>\n<p>The country&#8217;s Prime Minister, Mark Brown, told\u00a0<i>Cook Islands News<\/i>\u00a0the payment was &#8220;essentially a tax return&#8221;.<\/p>\n<p>Brown told the newspaper on Saturday the dispute was related to taxing profits on government subsidised flights out of Los Angeles and Sydney.<\/p>\n<p>RNZ Pacific approached Cook Islands Financial Secretary Garth Henderson for comment but was told he could not comment &#8220;due to confidentiality&#8221; and would only speak when given &#8220;clear advice&#8221;.<\/p>\n<p>In a written statement, Air New Zealand chief financial officer Richard Thomson said he acknowledged the airline was incorrectly taxed on certain payments received from the Cook Islands Government.<\/p>\n<div class=\"photo-captioned photo-captioned-half photo-right four_col \">\n<p class=\"photo-captioned__information\">&#8220;This decision reinforces the international tax rules around the taxation of international airlines,&#8221; Thomson said.<\/p>\n<\/div>\n<p>&#8220;All income Air New Zealand receives from the Cook Islands Government will be subject to taxation in New Zealand.&#8221;<\/p>\n<p>The Cook Islands Government also needs to pay additional legal fees, however, Brown did not reveal the how much these fees were when he was asked by the\u00a0<i>Cook Islands News<\/i>.<\/p>\n<p>Brown said no one was liable for the Air New Zealand payment.<\/p>\n<p>&#8220;We engage top tax barristers to manage the more complex cases we have,&#8221; he said.<\/p>\n<p>&#8220;We refunded the tax, it&#8217;s a tax refund, there is no liability on lawyers, one wins, one loses, so that&#8217;s it. You win some, you lose some.&#8221;<\/p>\n<\/div>\n<div class=\"article__footer\">\n<div class=\"c-tag-list\">SOURCE RNZ<\/p>\n<ul class=\"c-tag-list__items\">\n<li class=\"tag-item\"><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Cook Islands Government has paid $5.4 million to Air New Zealand following a High Court case in Rarotonga. The\u00a0court ruled\u00a0in the airline&#8217;s favour and said Air New Zealand taxes should be paid in New Zealand instead of the Cook Islands. The country&#8217;s Prime Minister, Mark Brown, told\u00a0Cook Islands News\u00a0the payment was &#8220;essentially a tax [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222,174],"tags":[],"class_list":["post-2564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-nz-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/2564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2564"}],"version-history":[{"count":1,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/2564\/revisions"}],"predecessor-version":[{"id":2566,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/2564\/revisions\/2566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/media\/2565"}],"wp:attachment":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}