NZ Approves Providers Of Overseas Record-Keeping Services
by Mary Swire, Tax-News.com, Hong Kong
28 December 2016
New Zealand's Inland Revenue has published a list of third-party providers approved to hold business records for taxpayers offshore.
The Revenue said that taxpayers do not need to seek permission to keep their business records overseas provided the information is stored with one of the approved organizations. These providers include CCH NZ Ltd.
Taxpayers who store their business records with these approved organizations do not need to obtain approval under Section 22(2BA) of the Tax Administration Act 1994 to store their business records outside of New Zealand.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Through the Looking Glass »
- How to start a travel agency in Hong Kong? »
- US COVID-19 Stimulus Package Nears Agreement, but is Trump Set to Buck the Lockdown Trend? »
- Budge It Time For UK »
- The end of Nominees is delighting criminals »
- Governments Seek To Mitigate Coronavirus Impact With Tax Measures »
- Governments seek to boost economies via indirect tax reforms »
- Tax Transparency in train... »
- The United States reclaims the spotlight... »
- How will Irish Businesses with UK ownership be affected by the Brexit Transition Period »