New Zealand is pushing on with efforts to ensure multinational companies pay their fair share of tax, with the release of proposed options for a digital services tax (DST).

Inland Revenue has released an issues paper on how to align an aspect of GST with international best practice and principles.

One of the biggest IT projects ever undertaken in the state sector has successfully cleared its latest hurdle with the transition of more than 19.7 million taxpayer accounts from one Inland Revenue computer system to another.

The Coalition Government today released its response to the recommendations of the independent Tax Working Group report.

Economic ties between New Zealand and China are being strengthened with the successful negotiation of a new taxation treaty.

Workers who are paying too much tax because of incorrect secondary tax codes are in line for relief with the passage of legislation through Parliament late last night.

Revenue Minister Stuart Nash has announced New Zealand is expanding its global ability to combat tax evasion by joining forces with authorities in 30 countries and jurisdictions.

A new group has been established to work on measures to help trans-Tasman businesses save time and money through improvements to their invoicing and payment systems.

The Coalition Government will take a measured response to the final report of the Tax Working Group (TWG), Finance Minister Grant Robertson and Revenue Minister Stuart Nash said today.

New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax.

Ministers have received the Tax Working Group’s Final Report on the structure, fairness and balance of New Zealand’s tax system, Finance Minister Grant Robertson and Revenue Minister Stuart Nash say.

New tax legislation has been introduced to Parliament to ensure greater fairness in the way the tax system shapes commerce, investment decisions and social policies.

The New Zealand government announced today it is supporting the New Zealand Memorial Trust to establish a war memorial museum in Le Quesnoy, France.

Overseas companies selling goods online into New Zealand will soon be required to collect GST in the same way as domestic retailers.

Revenue Minister Stuart Nash and Customs Minister Kris Faafoi are encouraging feedback on a proposal to extend an information sharing agreement designed to crack down on organised crime.

The public is encouraged to provide feedback on the interim report released today by the Tax Working Group (TWG), Finance Minister Grant Robertson and Revenue Minister Stuart Nash said on Thursday.

Revenue Minister Stuart Nash has confirmed Parliament will extend tax relief for Canterbury businesses affected by issues relating to depreciation following the earthquakes.

Revenue Minister Stuart Nash says New Zealand’s ability to detect and prevent tax evasion is enhanced by an update to our double tax agreement with Hong Kong which is now in force.

A new tax bill introduced to Parliament will mean automatic tax refunds for around 750,000 New Zealanders.

New measures to ensure multinational companies pay their fair share of tax will come into force next week.

New legislation to improve the fairness of the tax system and prevent large multinationals from exploiting rules in order to shift their profits offshore has passed another step closer to becoming law.

The Coalition Government is delivering our plan to support a stronger and more productive economy with higher wages by injecting $1.0 billion into business research and development (R&D), say Research, Science and Innovation Minister Megan Woods and Revenue Minister Stuart Nash.