• Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 12/20/2013

New Zealand - Tax developments in 2013, expected in 2014 

December 19: Among the 2013 tax and policy developments in New Zealand were:
  • Introduction of legislation containing changes to the tax treatment of employee allowances, foreign superannuation plans, and the thin capitalisation rules
  • Release of the OECD tax “action plan” in response to concerns around profit shifting by multinationals
  • Launch of Inland Revenue’s business transformation project

The tax year 2014 may see further changes and policy developments, in particular as New Zealand prepares for a general election.

Read a December 2013 report [PDF 201 KB] prepared by the KPMG member firm in New Zealand.

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