The Oxfam report claiming pharmaceutical companies in New Zealand are underpaying tax by some $21 million completely misrepresents the situation here, says Inland Revenue international strategy manager, John Nash.
Revenue Minister Stuart Nash says New Zealand’s ability to detect and prevent tax evasion is enhanced by an update to our double tax agreement with Hong Kong which is now...
New measures to ensure multinational companies pay their fair share of tax will come into force next week.
New legislation to improve the fairness of the tax system and prevent large multinationals from exploiting rules in order to shift their profits offshore has passed another step closer to...
New Zealand has received the top rating in an international review of tax transparency and exchange of information standards.
Legislation just introduced to Parliament will prevent multinationals from avoiding tax by shifting profits out of New Zealand, Revenue Minister Stuart Nash said today.
Inland Revenue is aware of the release of papers related to the Bermudan law firm Appleby and is working closely with relevant agencies and our international treaty partners.
Revenue Minister Judith Collins has welcomed a second round of negotiations between China and New Zealand tax officials aimed at updating the current double tax agreement signed between the two...
Two Orders in Council signed this week will help strengthen New Zealand’s tax agreements with India, and with San Marino, to prevent tax evasion, says Revenue Minister Judith Collins.
Inland Revenue is working through around 3,300 applications from foreign trusts wanting to join the new disclosure regime.