The New Zealand Government has released statements in regards to a tax policy work program which aims to alter New Zealand taxation matters with the aim of raising New Zealand’s status in the world’s economy. There are a number of changes proposed in the taxation review, the most obvious of these is the previously mentioned [...]

The New Zealand Government has released statements in regards to a tax policy work program which aims to alter New Zealand taxation matters with the aim of raising New Zealand’s status in the world’s economy. There are a number of changes proposed in the taxation review, the most obvious of these is the previously mentioned 30/30/30 rule. This would see personal, company and trustee tax aligned to the maximum rate of 30%. Double taxation agreements are also on the plan, with updating ... Read More