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

Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

Text: OECD website
Status: In force for New Zealand
Signed: 8 June 2017 [7 June 2017 in Paris, France]
In force: For New Zealand: 1 October 2018

The MLI will come into effect under Article 35(1) for a DTA from the latest of the dates on which the MLI enters into force for New Zealand and the other jurisdiction:

  • for withholding taxes: from 1 January of the following calendar year; and
  • for all other taxes: for taxable periods commencing on or after the expiry of six calendar months.

Double Tax Agreements (Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting) Order 2018 (New Zealand Legislation website)

National interest
Finance and Expenditure Committee report (includes NIA) (PDF 95 KB) (New Zealand Parliament website)
Additional information: OECD information

Related information