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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.
New initiatives to make the tax system fairer and a crackdown on tax dodgers are expected to provide the Government with an extra $726.3 million of revenue over the next four years, says Revenue Minister Stuart Nash.
Revenue Minister Stuart Nash has signalled a law change to clarify GST rules around the sale of assets by non-profit bodies.
The Government is to close a loophole that gives offshore companies an advantage by not requiring them to collect GST on all goods sold to local consumers.
- Hon Meka Whaitiri
Revenue Minister Stuart Nash has issued a reminder for taxpayers to plan around a partial closure of Inland Revenue services between Thursday 12 and Tuesday 17 April.
Revenue Minister Stuart Nash is encouraging feedback on a proposal to change the rules around ring-fencing losses on residential properties.
Legislation designed to simplify interactions with the tax system has passed its third reading in Parliament and now awaits Royal Assent.
Support for small businesses through a payroll management subsidy is to continue for a further two years.
Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament.
Revenue Minister Stuart Nash has confirmed tax relief measures will be extended to farmers in drought areas.