The Multilateral Tax Convention will be entered into force from March 1, 2014 for New Zealand from March 1, 2014 and it qualifies signatories to exchange tax information, and New Zealand’s Inland Revenue will be able to find assistance in collecting refined tax debts from absconding taxpayers. Canada will also apply for the Convention from March next year. It has agreed to incorporate these contractions in certain of its tax treaties and will instead continue to settle provisions on assistance in the collection of taxes on a bilateral basis.
Related Posts

Canada: PM Mark Carney scraps GST for first-time homebuyers
Canada’s Prime Minister Carney announced on 20 March 2025 that the government will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under CAD 1 million. This tax cut will save Canadians up to CAD
Read More
New Zealand seeks public feedback on proposed fringe benefit tax changes
The Inland Revenue of New Zealand is inviting public feedback on proposed changes to the Fringe Benefit Tax (FBT) rules, aiming to simplify compliance and reduce costs for taxpayers, Revenue Minister Simon Watts has announced. This announcement
Read More
Canada: Saskatchewan to halt industrial carbon tax from April 2025
The Saskatchewan government announced in a release on 27 March 2025 that it will pause the industrial carbon tax rate under its Output-Based Performance Standards (OBPS) Program. This decision will provide immediate financial relief to families,
Read More
Canada scraps proposed capital gains tax inclusion rate hike
Canada's Prime Minister announced that the government will scrap the proposed increase in the capital gains inclusion rate on 21 March 2025. "Canada is a country of builders. Cancelling the hike in capital gains tax will catalyze investment
Read More
Canada: Manitoba announces 2025 budget, features contingency plan to address potential impact of US tariffs
Canada’s provincial state of Manitoba’s Minister of Finance, Adrien Sala, announced the 2025 provincial budget for Manitoba on 20 March 2025, features a contingency fiscal plan to address the potential impact of widespread US tariffs on Canadian
Read More
Canada announces 2025 budgets for New Brunswick, Saskatchewan
Canada’s provincial states New Brunswick and Saskatchewan have announced their budgets for 2025. New Brunswick 2025-16 budget Finance Minister René Legacy presented the provincial 2025-26 budget for New Brunswick on 18 March 2025. It
Read More