RE: The Panama Papers leak. The world is round, as is the circular motion of money-power-money. This international phenomenon has been around for centuries.

To start the circle – those that have the money have the ear of the powerful, and it is the powerful, elected politicians, who decide the rules that protect the immensely wealthy persons, corporations, trusts, charitable entities and shelf company/trusts etc from paying taxes on billions of dollars of income and property annually.

It is the symbiotic relationship that binds money and power together.

Making the circle closed.

In NZ, the Prime Minister claims our trust laws have been externally audited and are okay.

The ‘measure' that the auditor will have used, will be the IRD tax laws on trusts, both internal and external.

My question is are the tax laws fair? And are the principles underlying those laws fair and just to the general tax paying public?

There are multiple charitable organisations whose annual income from business ventures and property held, distribute only a fraction of their gross income to outside, public/community organisations.

Most of them have their own silent circular distribution methods that allows them to avoid paying tax and thereby have the purchasing power to increase their capital assets.

It's pleasing to note there is a global uprising against hidden wealth based wholly on legal tax avoidance.

MJ Anderson, Pyes Pa