A recent NZ court case involved a tax agent (Chatfield & Co), the Commissioner of Inland Revenue (CIR), the Korean National Tax Service and the NZ Competent Authority (Mr Nash). The High Court case of Chatfield and Co vs The CIR challenged the roots of procedural...
A recent New Zealand court case decided in October is the second one in recent years[1] to go through the courts involving the determination of the permanent place of abode concept (‘PPOA’). In this High Court case, the time bar was opened under Section 108(2) of the...
Do you think that the United States has complex tax rules? New Zealand has some to match, and the country’s system of taxing United States retirement accounts such as IRAs warrants the advice of an expert in this area – preferably prior to migrating to New...
Even if your income levels fall below the filing thresholds for U.S. individual income tax returns, it is recommended that a U.S. return still be filed. Filing a tax return starts the statute of limitations running, whilst any year during which a return is not filed...
The National Taxpayer Advocate’s Objectives Report to Congress for Fiscal Year 2016 contained the Taxpayer Advocate’s eleven areas of focus for 2016. Statement Area of Focus #4, The IRS’s Implementation of FATCA Has in Some Cases Imposed Unnecessary...
Globally, there has been a noticeable increase in countries preparing for country-by-country (CBC) reporting pursuant to the OECD’s BEPs Action Plan (‘Plan’). Action 13 of the Plan: Country-by-Country Reporting covers these recommendations: The...
