Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

Elon Musk Presents Evidence In OpenAI Case Before Judge

RNZ National Wellington 12d4d Impact 8

The New Zealand Superfund paid $1.6 billion in tax during the June 2025 tax year. Currently, the fund pays more in tax than it receives in contributions. The New Zealand Superfund is paying more in taxes than previously reported. The New Zealand Superannuation Fund is forecasted to pay an additional $20 billion in tax, according to Treasury projections. John Payne stated that the fund pays a 5% tax on the market value of global listed equities under the FDR regime. Bonds are taxed based on income from interest coupons or underlying bond revaluations. This follows previous reports regarding the fund's tax obligations. Treasury is forecasting the NZ Super will pay another $20 billion in tax. The broadcast also noted that a 40% supplementary inheritance tax will be perceived for his estate, and billionaires are expected to pay trillions of dollars in taxes.

The New Zealand Superfund paid $1.6 billion in tax during the June 2025 tax year. Currently, the fund pays more in tax than it receives in contributions. The New Zealand Superfund is paying more in taxes than previously reported. The New Zealand Superannuation Fund is forecasted to pay an additional $20 billion in tax, according to Treasury projections. John Payne stated that the fund pays a 5% tax on the market value of global listed equities under the FDR regime. Bonds are taxed based on income from interest coupons or underlying bond revaluations. This follows previous reports regarding the fund's tax obligations. Treasury is forecasting the NZ Super will pay another $20 billion in tax. The broadcast also noted that a 40% supplementary inheritance tax will be perceived for his estate, and billionaires are expected to pay trillions of dollars in taxes. Elon Musk is presenting evidence to argue that OpenAI, under Sam Altman's leadership, deviated from its fundamental open-source mission. This evidence is considered a decisive weapon in Musk's hand. The case is now under the jurisdiction of Judge Yvonne Gonzalez Rogers, who is described as unafraid of Musk.

Topics

finance taxation superannuation

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

RNZ National

“the biggest... tax financial year was the New Zealand Superfund. So in its last tax years of June 2025, it paid $1.6 billion in tax.”

RNZ National

“fund actually pays more tax each I'll see you then at next”

RNZ National

“In its last tax years of June 2025, it paid $1.6 billion in tax. ... the fund actually pays more tax each I'll see you then at next.”

RNZ National

“In its last tax years of June 2025, it paid $1.6 billion in tax.”

RNZ National

“In its last tax years of June 2025, it paid $1.6 billion in tax. Now since it began investing in about 2003, NZ Super has received around $27 billion in government contributions.”

RNZ National

“John Payne says Treasury is forecasting the NZ Super will pay another $20 billion in tax.”

RNZ National

“is forecasting the NZ Super will pay another $20 billion in tax.”

Europa FM Romania

“Il fondatore di SpaceX, Elon Musk, ha annunciato sui social network che ha pagato 10 miliardi di dollari in tasse in un anno.”

RFE/RL Radio Farda

“هذه الأدلة هي سلاح حاسم في يد إيلون ماسك، لإثبات أن "أوبن آي" تحت قيادة "التمان" منعت من مسارها الأساسي. الآن، هذا القضية تحت يد القاضي إيفان غونزاليس روجرز.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade