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...

IRD exposure draft – Tax Credits for US income tax

IRD has released an exposure draft seeking comments on whether state income tax paid in the United States qualifies as a foreign tax credit in the New Zealand tax return. The deadline for comment is 10 October 2012. The issue affects New Zealand tax residents...
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