Inland Revenue - Tax policy Tax Policy

News and information about the Government's tax policy work programme, including:
- proposed changes to the laws that Inland Revenue is responsible for
- updates on the progress of bills through Parliament
- policy announcements

Tax policy news

24 August 2015

The Taxation (Bright-line Test for Residential Land) Bill introduced today proposes a new “bright-line” test and other measures to improve compliance with the residential land sale rules. For more information see the media statement, the bill and its commentary, and the regulatory impact statement.

18 August 2015

A Government discussion document released today seeks feedback on proposals for the collection of GST on online purchases of services and intangibles. It also discusses the collection of GST on low-value imported goods. For more information see the discussion document, GST: Cross-border services, intangibles and goods and the media statement. Submissions close on 25 September 2015.

14 August 2015

The Taxation (Land Information and Offshore Persons Information) Bill, introduced on 22 June, was reported back to Parliament today. For more information see the bill as reported back and the officials’ report on submissions received.

8 July 2015

Prime Minister John Key today signed a double tax agreement (DTA) with Samoa. The new DTA will replace the existing tax information exchange agreement between New Zealand and Samoa when it enters into force. For more information see the Prime Minister's media statement and the text of the treaty.

2 July 2015

A new double tax agreement between New Zealand and Canada came into force on 26 June 2015. The agreement terminates New Zealand’s 1980 agreement with Canada and replaces it with a more modern agreement. The new agreement also generally lowers withholding taxes on dividends, interest and royalties between the two countries. For more information see the media statement and the text of the agreement.

Highlights

The Government’s 2015 Budget announced today includes tax proposals aimed at supporting...

At the International Fiscal Association conference today, the Minister of Revenue announced the...

The Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters)...