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 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...
New Zealand was the first country in the world to introduce the concept of corporate territorial taxation through the Land and Income Tax Assessment Act of 1891. It was, however, the 1990s before New Zealand had developed a comprehensive extraterritorial taxation...
It is time to think about extensions again for 2014 United States individual income tax returns. Whilst the due date for filing 2014 United States’ individual income tax returns is 15 April 2015, U.S. citizens and resident aliens who are outside the U.S. as at...
