TPTS

Personal tax

Fact check: How do New Zealand’s personal tax rates really compare?

Those in favour of hiking personal taxes will typically state that New Zealand’s personal tax rates are relatively low compared with other countries. Don’t fall…

International Tax, OECD

Is New Zealand already a high taxing country?

According to recent data released by OECD (includes up to 2018 provisional data), New Zealand: Ranks below the OECD average for total taxes levied as…

Land Tax

What chance of resurrecting a land tax in New Zealand?

The Green Party policy is to have two new tax brackets at the high-income end, raising about $1.3b revenue pa. But that’s a drop in…

Transfer Pricing

The Canadian Cameco decision – why is it relevant for transfer pricing in New Zealand?

Cameco, the Canadian uranium mining and trading giant, has successfully defended its transfer pricing position involving the establishment of an offshore trading centre in Switzerland…

Transfer Pricing

How realistic is a wealth tax in New Zealand?

The Green Party policy is to impose a new wealth tax as its main plank to fund a proposed revamp of the income support system.…

Transfer Pricing

Are our personal tax rates high in New Zealand?

On average New Zealand workers earn just below the OECD average income (in USD) and pay a high proportion of average personal income tax. However,…

International Tax

OECD digital tax project torpedoed? Where to for New Zealand?

As reported by the NY Times US has suspended talks with OECD to find a consensus reform for the international taxation of the digitised economy…

International Tax

Did Google allocate excessive profits to its NZ operations?

Stuff reported that for 2019 Google NZ reported a significant increase in its reported profits and tax payable in New Zealand. Google NZ reported an…

International Tax

Digital Services Tax for NZ?

In June 2019 the Government stated its preferred approach to wait for OECD to develop its multinational solution to change the taxing rules for digitised…

International Tax

Tax treaty implications for various Covid-19 issues

The OECD Secretariat issued a short paper on 3 April analysing various tax treaty issues arising from government imposed travel and ‘lock-down’ requirements as a…