New Zealand
KPMG Taxmail

 

2015
Taxmail DTA in force Growth Beyond Auckland [PDF: 244KB] 27/07/2015
The Government is proposing to make it more attractive for new immigrants to settle in towns and cities outside Auckland.
 
Taxmail DTA in force New Tax Bill introduced/Canada DTA in force [PDF: 516KB] 3/07/2015
A new Taxation Bill has been introduced into Parliament, containing IRD’s business transformation progress and new rules around taxing employee share scheme. Plus the Double Tax Agreement (DTA) between Canada and New Zealand has come into force.
 
Taxmail Capital gains tax Budget property tax rules will ring fence losses [PDF: 528KB] 1/07/2015
Inland Revenue has released an issues paper on how the residential tax announced in the Government’s Budget will work, including a proposal to ring fence losses generated under the rule to other land income.
 
Taxmail Capital gains tax Land sold within two years to be taxed [PDF: 673KB] 18/05/2015
Ahead of this week’s Budget, the Government has announced measures to tax certain residential property sales and increase disclosure requirements on such transactions.
View this Taxmail translated in Chinese [PDF: 763KB]
 
Taxmail Australian Federal Budget Australian Budget 13/05/2015
A key focus of the 2015 Australian Budget, is supporting small business (turnover less than A$2 million) with a tax package that includes a company tax cut from 30% to 28.5% and immediate tax deductions for assets less than A$20,000.
 
Taxmail Australian Federal Budget Australian Government targets sales to Australia [PDF: 630KB] 12/05/2015
Ahead of the 2015 Federal Budget, the Australian Treasurer has announced two measures to “strengthen Australia’s tax system”.
 
Taxmail employee share scheme Proposals will increase tax on related-party debt [PDF: 627KB] 8/05/2015
IRD & Treasury are proposing changes to NZ’s Non-Resident Withholding Tax rules. This will increase related-party debt costs for NZ business.
 
Taxmail employee share scheme KPMG welcomes proposal to simplify tax for employee share scheme
[PDF: 101KB]
2/04/2015
Inland Revenue is looking at simplifying the tax collection on employee share schemes to reduce compliance cost barriers to the uptake of these schemes.
 
Taxmail Rethinking Tax Re-thinking Tax: Australia and New Zealand [PDF: 110KB] 1/04/2015
How changes to the Australian tax system could impact New Zealand + a vision for the future of the NZ tax system.
 
Taxmail Government tax A busy year ahead - Government's tax priorities for 2015/16 [PDF: 106KB] 20/03/2015
The Government released its tax policy work programme. Business Transformation and Base Erosion and Profit Shifting (“BEPS”) feature heavily.
 
Taxmail Customs and Excise review Review of Customs and Excise Act [PDF: 99KB] 18/03/2015
Nearly twenty years since its enactment, the Customs and Excise Act is finally being reviewed.
 
Taxmail Debt Capitalisation Debt capitalisation II - Inland Revenue finalises its view [PDF: 95KB] 24/02/2015
Inland Revenue has confirmed its view that debt capitalisations are potentially tax avoidance.
 
Taxmail 2015 Tax Bill 2015 Tax Bill Released [PDF: 117KB] 2/03/2015
The main proposal in the 2015 Tax Bill is to refund R&D tax losses. While welcome, there are a number of detailed design issues to be worked through.
 
Taxmail IRD KPMG welcomes debt capitalisation tax proposal [PDF: 107KB] 24/02/2015
Shareholders can convert debt to equity funding for insolvent companies, a way to rationalise group structures without unwarranted tax effects.
 
Taxmail transfer pricing Simpler Australian transfer pricing requirements [PDF: 113KB] 5/02/2015
New Zealand companies with trans-Tasman operations should benefit from the new, simpler Australian transfer pricing requirements.
cows in a field

Contact us

Paul Dunne

Paul Dunne

Lead Partner - Tax

+64 9 367 5991


John Cantin

John Cantin

Partner  - Tax 

+64 4 816 4518


Darshana Elwela

Darshana Elwela

National Director - Tax

+64 9 367 5940

Tax

Our tax advisory team has the skills and commitment to help you to be competitive and compliant in all areas of business tax.