According to the results of a survey just out(1), New Zealand is fifth on the list of most desirable countries in the world to expatriate to. But wait- if you’re tempted by this ranking, and are contemplating a move to New Zealand (‘Aotearoa’,...
New Zealand is listed as one of the heaviest taxing countries in the OECD’s annual revenue statistics report, which covers the OECD countries. Of New Zealand’s tax revenues, 59.6% are collected from individuals and corporates, second only to Denmark (59%)....
The Internal Revenue Service (IRS) recently issued Notice 2016-21, setting the country-by-country limitation on housing expenses deductible under section 911 of the Internal Revenue Code for 2016. The housing expenses deduction enables a qualifying taxpayer to include...
The tax extenders were passed in the Protecting Americans From Tax Hikes Act (Act) early in 2016, and consisted of permanent, five-year, and two-year extenders. These provisions are estimated to cost U.S. $629 billion over ten years, and came as a welcome relief after...
Frequently we engage with New Zealand businesses on the topic of liability to state sales tax and state income tax. When engaging in a trade or business within the United States it is not too long before these thorny issues arise. The gravity that an organization has...
The Taxpayer Advocate’s review of the 2015 filing season commented that the IRS faced extraordinary challenges during the filing season. ‘The IRS continues to view itself, first and foremost, as an enforcement agency, and it thus develops its policies...
