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New Zealand News - Business, Taxation & Offshore


Agreement Reached On New Trans-Pacific Partnership

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

Wednesday, January 24, 2018

Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Read Full Story


New Zealand Announces Drought Relief For Farmers

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

Wednesday, January 24, 2018

New Zealand on January 22, 2018, announced that tax relief measures will be extended to farmers in drought-hit areas.Read Full Story


Taxpayers Urge New Zealand To End Tobacco Tax Grab

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

Tuesday, January 2, 2018

New Zealand's Taxpayers' Union has bemoaned the Government's plans to increase the excise duty on tobacco by 10 percent each year until 2020, arguing that the burden disproportionately falls on lower income taxpayers and the Government is failing to provide enough funding to programs to help taxpayers cut down or quit smoking.Read Full Story


NZ Releases Guidance On Group Loss Relief Rules

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

Wednesday, December 27, 2017

New Zealand's Inland Revenue Department has released standard practice statement SPS 17/03 – Loss offset elections between group companies - which sets out the rules for group companies that seek to elect to offset losses.Read Full Story


New Zealand Finalizes Plans For Tax Advisory Panel

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

Wednesday, December 27, 2017

The New Zealand Government's new Tax Working Group will begin to meet starting next month, Revenue Minister Stuart Nash and Finance Minister Grant Robertson said December 20, 2017, announcing the appointment of members.Read Full Story


China Confirms Numerous Trade Duty Changes From 2018

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

Tuesday, December 19, 2017

China intends to implement numerous changes to its trade tariffs from January 1, 2018, to ensure domestic businesses have access to inputs and equipment and to implement changes in prior international agreements.Read Full Story


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