insights
Capital gains tax in New Zealand
New Zealand, unlike Australia, the United States and the United Kingdom, does not have a full-blown capital gains tax (CGT) regime.
Taxpayer Advocate Service
The IRS runs a Taxpayer Advocate Service which is available for problem resolution when the normal channels don’t effectively resolve the problem.
Expatriation from the United States
By Gina Wallace, Director Facebook co-founder and billionaire Eduardo Saverin was reported to relinquish his United States citizenship recently, prior to the initial public offering of Facebook....
AICPA lobbies the Internal Revenue Service (IRS) due U.S. government shutdown impact on U.S. taxpayers and tax practitioners
The U.S. government shutdown is now into its 16th day, creating confusion and havoc in the U.S. tax community across the globe. The AICPA commented earlier today that fears are growing for the...
Interpretation statement IS 25/18: Income tax: Whether money or property received by New Zealand tax residents from overseas is income from a foreign trust – Part Two
Introduction and scope Part One of this article addressed the N.Z. tax implications of distributions from foreign inter vivos trusts[1] as set out in IS 25/18: Income Tax – Whether money or property...
Gina Gatchell Joins CPA Australia: A Milestone in Her Commitment to Excellence in Accountancy
We are pleased to confirm that director and founder Gina Gatchell has been accepted for membership of CPA Australia, one of the world’s leading professional accounting bodies. This achievement marks...
Revised FIF rules edged closer to enactment with the passing of the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill on 26 August 2025 – Part Three: Losses, departures, and deemed disposals including Extended RAM to RAM
Introduction and scope A proposal to add a new way of calculating FIF income was covered in Parts One and Two of this article. To recap, the proposal is that a new method, the RAM, be added to...
Revised FIF rules edged closer to enactment with the passing of the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill on 26 August 2025 – Part Two: Revenue Account Method (‘RAM’)
Introduction and Scope Part One of this series detailed how the proposed changes to N.Z.’s FIF rules[1] may affect N.Z. tax residents who are subject to tax of another country, notably the U.S.,...
Interpretation statement IS 25/18: Income tax: Whether money or property received by New Zealand tax residents from overseas is income from a foreign trust – Part One
Inland Revenue has issued IS 25/18, addressing situations where receipts from foreign trusts and estates are subject to N.Z. income tax. IS 25/18 replaces IS 19/04, issued in 2019, providing further...
Revised FIF rules edged closer to enactment with the passing of the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill on 26 August 2025 – Part One: Extended Revenue Account Method (‘extended RAM’)
Introduction and Scope N.Z.’s foreign investment fund regime is complex and is becoming increasingly so. Therefore, this article is being published in three parts. Part One of this article...
New Zealand poised to relax FIF rules for new migrants
In a first for New Zealand taxation, tax on New Zealand residents who are also subject to taxation of another country through citizenship is being addressed as New Zealand reviews the Foreign...
The One Bill Beautiful Bill: Changes to U.S. federal income tax affecting individuals
On July 4, 2025, the enactment of the One Big Beautiful Bill Act (OBBBA) introduced changes to federal income tax. Many of these changes affect U.S. citizens, lawful permanent residents, and other...
Also plus point , she follows you up again . I would say very help full person . Recommend to go with her , no second thoughts .
Gina is always prompt in responding to my email and phone conversation questions and her professionalism has inspired my confidence in her many times over.
She has guided me through my annual tax return filing with integrity and honesty and I fully trust her to get the job done well each year.
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