The Government is talking up the fact it’s exploring ways of making the tax system more business-friendly, with details of potential changes to be unveiled at the May 22 Budget.

Finance Minister Nicola Willis is wary that at 28 percent, New Zealand’s corporate tax rate is above the OECD average of 24 percent.

NZ Herald Wellington business editor Jenee Tibshraeny speculates what the Government might be planning ahead of this year's Budget.

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