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

TIEAs with Dominica, St Vincent and the Grenadines

17 March 2010

New Zealand has signed Tax Information Exchange Agreements with Dominica, and St Vincent and the Grenadines. Once in force the agreements will allow the full exchange of information on criminal and civil tax matters. For more information see the media statement and the text of the two Tax Information Exchange Agreements.


Hon Peter Dunne
Minister of Revenue

MEDIA STATEMENT

Dunne: NZ signs three more tax info agreements

New Zealand has signed Tax Information Exchange Agreements with Dominica and with St Vincent and the Grenadines, Revenue Minister Peter Dunne today announced.

"TIEAs are important bilateral international treaties that allow tax authorities in the participating countries to exchange information on civil and criminal matters and are an important benchmark for offshore financial centres in meeting OECD standards for transparency and the exchange of information," Mr Dunne said.

"The latest agreements bring the number of TIEAs New Zealand has entered into to 15.

The two new TIEAs will come into force once New Zealand and the treaty signatories give legal effect to them.

The text of the treaties is available at www.taxpolicy.ird.govt.nz.

Mark Stewart - Press Secretary, Office of Hon Peter Dunne
Cell +64 21 243 6985