Mark Ron: Oral Questions — Questions to MinistersText is incorporated into the Bound VolumeMark Ron: Oral Questions — Questions to Ministers[Sitting date: 10 May 2016. Volume:713;Page:10884. Text is incorporated into the Bound Volume.]4.RON MARK (Deputy Leader—NZ First) to the Prime Minister: Does he stand by all his statements?Rt Hon JOHN KEY (Prime Minister): Yes.Ron Mark: Does he stand by his statement yesterday that: “We have disclosure regimes and disclose all information.”?Rt Hon JOHN KEY: Yes.Ron Mark: If our disclosure regime is seen as having the best practice can he confirm that the Inland Revenue Department (IRD) has a centralised database on foreign trusts?Rt Hon JOHN KEY: The member would have to ask the Minister of Revenue that question.Ron Mark: I seek leave to table a file note from 9.23 a.m. this morning of a conversation between IRD Official Information Act inquiries and New Zealand First’s research unit that confirms there is no—Mr SPEAKER: Order! [Interruption] Order! On this occasion I will put the leave. It could be informative for members so I will put the leave but I just remind the member that it is not about making a political point. But in light of the answer I will put the leave. Leave is sought to table that particular file note. Is there any objection? There is not. It can be tabled.Document by leave laid on the Table of the House.Ron Mark: Does he believe that New Zealand’s reputation is enhanced by Alberto Youssef also known as Brazil’s black market central banker setting up a company here that was later revealed in Brazilian court documents to be a money-laundering front?Rt Hon JOHN KEY: I have no knowledge of the particular case and I am not going to comment on it.Ron Mark: How confident is he that none of the 152 companies on the New Zealand register that are owned in the Caribbean Central America and the Indian Ocean are not involved in organised crime drug running or terrorism?Rt Hon JOHN KEY: I cannot answer that question because I simply do not know but what I do know is that when the IRD gets the full database it will then be able to go and look through the whole of that. It does not have that. In fact the people who control it internationally should. But what I do know is that of the fewer than 200 trusts registered in New Zealand with any link to Mossack Fonseca all of them have been disclosed on the advice I have had from the IRD.Ron Mark: I seek the leave of the House to table the New Zealand First research unit analysis of companies owned in the Caribbean Central America and the Indian Ocean as of 10 May 2016.Mr SPEAKER: Leave is sought to table that particular information. Is there any objection? There is none. It can be tabled.Document by leave laid on the Table of the House.Ron Mark: How can the Prime Minister maintain that “there’s nothing to see here” when terrorists drug runners and money-launderers are using our lax regimes to their advantage?Rt Hon JOHN KEY: Firstly we would have to see that quote in the context that I gave it. I cannot recall actually saying that specifically around this issue but I would have to see. But as the member is aware the Government is going through an extensive review around disclosure and has actually been doing a lot of work well and truly prior to this including the issue in relation to the tax of look-back companies which is in the House at the moment that is in relation to the proactive disclosure of information to over 60 regimes. I remind the member that our most recent review by the OECD had New Zealand in the most-compliant category.Ron Mark: I seek the leave of the House to table a letter from the Rt Hon Winston Peters to the Prime Minister dated 10 May 2015 calling for a royal commission of inquiry into New Zealand’s tax system.Mr SPEAKER: Leave is sought to table that. Is there any objection? There is.