UK HMRC has published the synthesized text of the 1983 income and capital tax treaty with New Zealand as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The synthesized texts were prepared jointly by the competent authorities of the UK and New Zealand and represent their shared understanding of the modifications made to the respective treaties by the MLI.
The provisions of the MLI are effective for the treaty…