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New Zealand News - Business, Taxation & Offshore


New Zealand Consults On Imposing GST On Low-Value Imports

by Mary Swire, Tax-News.com, Hong Kong

Thursday, May 3, 2018

New Zealand has launched a consultation on proposals to charge goods and services tax on consignments worth less than NZD400, which currently benefit from a tax exemption for low-value imports, from October 1, 2019. Read Full Story


New Zealand's Tax Reform Consultation Ends This Week

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, April 24, 2018

New Zealand is to soon begin formulating new tax reform measures, aimed at improving the balance and fairness of the tax regime, based on the feedback to a public consultation that ends April 30.Read Full Story


New Zealand Confirms Virtual Currencies Are Property For Tax Purposes

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 19, 2018

New Zealand has joined a number of territories in confirming this month that virtual currency transactions are taxable as property, in new guidance that was issued at the beginning of the month. Read Full Story


New Zealand Defers New Insurance Tax

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 12, 2018

New Zealand has deferred the introduction of a new tax on insurance contracts, which is proposed to be introduced to fund emergency services in the country.Read Full Story


OECD's Global Forum Releases New Tax Transparency Reports

by Mike Godfrey, Tax-News.com, Washington

Friday, April 6, 2018

The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes has published nine peer review reports assessing territories' compliance with international standards on tax transparency.Read Full Story


NZ To Amend BEPS Bill's 'Restricted Transfer Pricing Rule'

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 21, 2018

New Zealand's Inland Revenue Department has flagged up an upcoming amendment to the Taxation (Neutralising Base Erosion and Profit Shifting) Bill due to a drafting error.Read Full Story


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