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. Increasing pressure is being put on New Zealand’s Prime Minister and leader of the country’s centre-right government, John...

NZ Taxation of Foreign Superannuation Schemes

In an earlier blog, I mentioned the IRD paper released in July 2012 addressing proposed changes to the way in which New Zealand taxes foreign superannuation schemes. Here’s a summary of the current tax treatment, and the proposed changes in the Issues paper. Current...

10 Errors NZ Tax Residents Make | International Tax

According to the Chief Advisor – International Audit – IRD, the top ten errors associated with international tax compliance with respect to the taxation of NZ tax residents are as follows:   Error 1: NZ tax residents are taxable on income from NZ...