Newstalk ZB: Dr Oliver Hartwich on closing the corporate tax loophole costing IRD hundreds of millions
Dr Oliver Hartwich
2 December, 2025
Dr Oliver Hartwich talked to Newstalk ZB on the corporate tax debt loophole that sees IRD writing off hundreds of millions of dollars annually due to the "Phoenix problem," where companies dissolve and reform under new names. Dr Hartwich highlighted Germany's solution, where directors face personal liability for tax debts if they fail to pay within 20 days or file for insolvency. Listen below.
Read Dr Oliver Hartwich's research note 'Responsibility before ruin' here.