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It is unclear to what extent offshore operators are located in jurisdictions with which New Zealand does not have a DTA. Where an offshore operator is located in such a jurisdiction, concerns about the imposition of income tax constituting a breach of a DTA would not be applicable. In those cases, New Zealand would have a right to tax the business profits of offshore operators sourced in New Zealand. However, there may be other consequences unrelated to New Zealand’s tax obligations. “Effectively, in Class 4, 100 percent all the profits have to be given away. Well, in this instance, none of it has to be given away,” he told RNZ. “So instead of the local ambulance service or coast guard or the local footy team getting some money, it’s going to offshore shareholders.”

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“This will send money offshore and out of the hands of the hands of community groups, and that’s not how you grow an economy.” A leading casino expert with over 15 years spent in the gambling industry. Verification can help ensure real people are writing the reviews you read on Trustpilot.

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