New Zealand Tax News

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Protocol to treaty between Singapore and New Zealand enters into force

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Treaty between New Zealand and Poland enters into force

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Treaty between New Zealand and Chile enters into force

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Protocol to treaty between New Zealand and Singapore approved

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Protocol to treaty between New Zealand and Australia approved

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Treaty between New Zealand and Spain approved

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Amendment to Investment Income Taxation Bill

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Australian Taxation Office explains interaction between tie-breaker clause in treaty between Australia and New Zealand and domestic tax legislation

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Treaty between Czech Republic and New Zealand– negotiations concluded

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Budget for 2006/07 – details

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Protocol between Belgium and New Zealand – negotiations

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Protocol to treaty between Australia and New Zealand submitted for ratification

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Inland Revenue Department issues Practice Statement on loss offset elections

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Foreign tax exemptions for branch operations of grey list companies

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On 15 November 2005, Australia and New Zealand signed in Melbourne, Australia, a protocol to update the1995 tax treaty.

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New Zealand and Singapore signed a protocol to the New Zealand-Singapore treaty of 21 August 1973 on 5 September 2005. Further details of the protocol will be reported subsequently.

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New Zealand and Spain signed a first-time tax treaty on 28 July 2005. Further details of the treaty will be reported subsequently.

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Austria and New Zealand initialled a first-time tax treaty on 9 February 2005. Further details are not yet available.

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Australia and New Zealand have announced that discussions recently began for a review of the Australia-New Zealand income tax treaty signed on 27 January 1995.

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Poland and New Zealand signed a first-time income tax treaty on 21 April 2005.

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