The Inland Revenue has recently enacted a tax bill on 30 June 2014, which is reflected on annual rates, employee allowances and remedial matters. The new bill deals with the taxation of, accommodation payments, other allowances and payments provided by employer to cover employee expenditure. Under an intergovernmental agreement (IGA), New Zealand also provided a suitable legal framework to fulfill the US Foreign Account Tax Compliance Act (FATCA).
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IMF outlines its role in international tax issues
IMF outlines its role in international tax issues
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