Jul 16, 2009
New Zealand and Australia have signed a Memorandum of Understanding, bringing the idea of superannuation portability between the two countries one step closer to reality. New Zealand Finance Minister Bill English and New Zealand Finance Minister Bill English singed a Memorandum of Understanding on the 16th of July, indicating that both governments formally acknowledge their [...]
New Zealand and Australia have signed a Memorandum of Understanding, bringing the idea of superannuation portability between the two countries one step closer to reality.
New Zealand Finance Minister Bill English and New Zealand Finance Minister Bill English singed a Memorandum of Understanding on the 16th of July, indicating that both governments formally acknowledge their intent to implement into law provisions for superannuation portability.
Legislative changes are still required before the superannuation portability can become a reality, this is expected to occur ... Read More
Jul 15, 2009
Indication has been made that New Zealand could change its tax policies depending on the outcome of the Australian taxation system review. At the New Zealand Herald’s Moods of the Boardroom meeting, on the 14th of July, Finance Minister Bill English commented on potential repercussions of the Australian Government’s taxation system review. In light of [...]
Indication has been made that New Zealand could change its tax policies depending on the outcome of the Australian taxation system review.
At the New Zealand Herald's Moods of the Boardroom meeting, on the 14th of July, Finance Minister Bill English commented on potential repercussions of the Australian Government's taxation system review. In light of the need to stay internationally competitive in regards to personal taxation and investment, any significant change in Australia's policies could see changes in New Zealand.
Bill English made further ... Read More
Jul 7, 2009
Talks between Finance Minister Bill English and Australian Treasurer Wayne Swan regarding superannuation portability will commence on the 16th of July. An agreement in these talks could see a complete set of portability rules in regards to the superannuation of residents of either country permanently moving to the other. Bill English has stated that the [...]
Talks between Finance Minister Bill English and Australian Treasurer Wayne Swan regarding superannuation portability will commence on the 16th of July.
An agreement in these talks could see a complete set of portability rules in regards to the superannuation of residents of either country permanently moving to the other. Bill English has stated that the envisaged set of rules will allow for the movement of Kiwisaver funds an appropriate compatible Australian counterparts. As the details have yet to be discussed between appropriate ... Read More
Jun 30, 2009
The signing of a new Double Taxation Agreement (DTA) between Australia and New Zealand has taken place. On the 29th of June New Zealand Trade Minister Tim Groser signed the new agreement on behalf of New Zealand in a Paris based ceremony. There is no date set yet to its enforcement as in it needs [...]
The signing of a new Double Taxation Agreement (DTA) between Australia and New Zealand has taken place.
On the 29th of June New Zealand Trade Minister Tim Groser signed the new agreement on behalf of New Zealand in a Paris based ceremony. There is no date set yet to its enforcement as in it needs to be legally enacted in both countries. In New Zealand this will happen by the Order of the Council, which is expected to occur later in 2009.
The ... Read More
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