Treaty between New Zealand and Japan entered into force

Japan’s Ministry of Foreign Affairs has confirmed that a new income tax treaty was signed with the Philippines on 28 May 2026. The treaty applies to Japanese income tax, corporation tax, special income tax for reconstruction, special income tax

The New Zealand Government delivered Budget 2026 to Parliament on 28 May 2026, with Minister of Finance Nicola Willis outlining a strategy aimed at restoring a fiscal surplus by the 2028/29 financial year. To implement the budget proposals, the

New Zealand Inland Revenue has released a draft interpretation statement for public consultation titled “GST – Arranging and brokering financial products” on 21 May 2026. The statement guides when intermediaries or brokers involved in the

Japan’s House of Representatives approved a new income tax treaty with Kyrgyzstan on 19 May 2026. On 14 May 2026, lawmakers reviewed and passed the draft ratification law in its first reading. The parliament completed the ratification process

Kyrgyzstan's parliament has given its approval to ratify a tax agreement with Japan that will modernise bilateral tax relations between the two countries. On 14 May 2026, lawmakers reviewed and passed the draft ratification law in its first

The New Zealand Labour Party has announced that it would reverse the National Government’s planned fuel excise tax increase, citing rising fuel costs and ongoing cost-of-living pressures on households and businesses. The announcement was made on