The well-publicized IRS partial shutdown is now into its fourth week. The successor to the 2018 non-filing season Lapsed Appropriations Contingency Plan, the 2018 filing season Lapsed Appropriations Contingency Plan (‘plan’) was released by the IRS a few...
If you are a non-resident alien and received US-sourced income in 2010 from which 30% was withheld, read on. If you are able to claim an exemption from the 30% withholding through the treaty, (and not all income can be exempted using the treaty), you have two...
The updated double tax agreement between New Zealand and the United States that was signed on 1 December 2008 has just come into force. Among the main changes to the agreement are that withholding taxes on certain dividends, interest and royalty payments have been...
We are receiving inquiries in relation to the increased reporting and disclosure requirements financing the 2010 HIRE Act. Financial institutions outside the United States face either having to disclose the name, address and taxpayer identification number of affected...
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...
