Panama Papers report alleges NZ prime place for rich to hide money

``Mossack Fonseca actively promoted New Zealand as a good place to do business due to its tax-free status, high levels of confidentiality and legal security, according to a joint report by Radio New Zealand, TVNZ and investigative journalist Nicky Hager... Key said it was "utterly incorrect" that New Zealand was a tax haven, adding he was open to changing rules around foreign trusts if advised by a review or the OECD.''