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  • Service: Tax, International Corporate Tax, International Executive Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 12/14/2012

Japan - Income tax treaty with New Zealand (Japanese perspective) 

December 14:   Representatives of the governments of Japan and New Zealand earlier this week signed a new income tax treaty that, when ratified and with its entry into force, will supersede the current income tax treaty signed in 1963 and partly amended in 1967. 

The new Japan-New Zealand income tax treaty generally was prepared in line with Japan’s recent tax treaty policy; it provides for a reduction in tax rates on investment income in the source country and includes anti-treaty shopping provisions and rules for hybrid entities.


Read a December 2012 report [PDF 186 KB] prepared by the KPMG member firm in Japan: New Tax Treaty with New Zealand




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