Nov 17, 20080

FTA with USA No Less Likely

Categories: New Zealand Finance

According to US-NZ Council president John Mullen, the newly elected Barack Obama can only be good news for a US-NZ Free Trade Agreement (FTA). The visiting US-NZ Council president John Mullen was quoted as saying that Barack Obama does not wish to reverse any globalisation work done so far, and that the? situation would only [...]

According to US-NZ Council president John Mullen, the newly elected Barack Obama can only be good news for a US-NZ Free Trade Agreement (FTA). The visiting US-NZ Council president John Mullen was quoted as saying that Barack Obama does not wish to reverse any globalisation work done so far, and that the? situation would only be worse off if it were. He said that relations between the United States and New Zealand are at the highest point that they have been at in ... Read More

Sep 1, 20080

New Zealand Double Taxation Agreements

Categories: International Taxation, New Zealand Taxation

Double taxation agreements are tax treaties between two countries. These agreements come into effect when a person is a tax-resident of both New Zealand and another country. Double Taxation agreements prevent the situation of taxation on one income by two countries, through coming to an agreement as to what incomes will be taxed in the [...]

Double taxation agreements are tax treaties between two countries. These agreements come into effect when a person is a tax-resident of both New Zealand and another country. Double Taxation agreements prevent the situation of taxation on one income by two countries, through coming to an agreement as to what incomes will be taxed in the country of residence and exempt in the country of occurrence. It also deals with the opposite case where the income will be taxed at the country of ... Read More