If ASB Bank Boss Wants To Pay More Tax, She Can Go Right AheadThe Taxpayers’ Union is calling on ASB Bank CEO Vittoria Shortt to put her money where her mouth is and make a donation to the Government given her call for New Zealanders to be taxed even more. Or did she only mean for her ASB customers to pay more?”ASB Bank takes distinct position from Australian parent on bank excess profit tax“We also note Shortt’s comments appear to contradict the views of her Australian bosses.” said Williams. (see https://www.theguardian.com/news/article/2024/aug/29/commonwealth-bank-ceo-labels-greens-tax-policy-insidious-populism-after-firms-98bn-profit)“Is ASB saying that they support a tax on the extra-ordinary profits the Australian-owned banks are making on their New Zealand operations? NOTES:The Taxpayers' Union is advised by Treasury that donations to the Crown can be made to following account: 03-0049-0000327-25 (a copy of the deposit clip can be viewed at https://d3n8a8pro7vhmx.cloudfront.net/taxpayers/pages/1429/attachments/original/1587429510/Tsy_CrownRec_Account_Deposit_Slip.pdf?1587429510). “Donation” (or perhaps in this case "Banker's vanity payment")The New Zealand Taxpayers’ Union is an independent and membership-driven activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power.

Source: The Guardian October 13, 2024 23:52 UTC