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Viewing entries tagged with 'inland revenue'

IRD stands firm on boutique fee GST position

13 February 2017

NZ boutique fund managers have all but given up hope of winning the long-running dispute on the GST treatment of fees after the Inland Revenue Department (IRD) confirmed its commitment to zero-rating last week. More>

IRD draft guidance on OECD reporting standard

23 December 2016

IRD draft guidance published covering financial institutions obligations under the OECD’s Common Reporting Standard for the Automatic Exchange of Financial Account Information in Tax Matters. More>

Further TAA consultation announced

9 December 2016

Submissions are sought on detailed proposals for amendments to the Tax Administration Act which build on earlier proposals released for consultation in November 2015. Stuff.co.nz. More>

Brian Easton examines the tax incentive mess we have got into with our housing policy

29 August 2016

While housing obviously fills a need – people need somewhere to live – it also has an investment aspect. How this investment is treated by the tax system influences the housing market, and the investment available for other purposes, such as business ventures. More>

Tax and the land bankers

29 August 2016

Bernard Hickey argues a land tax and/or targeted rates would change the expectations of unending tax-free capital gains with low holding costs that is driving a frenzy of land-banking in Auckland. More>