New Zealand's Ministry of Foreign Affairs and Trade announced that Iceland and New Zealand have concluded a second round of negotiations for an income tax treaty in February 2025. This agreement seeks to eliminate double taxation, combat tax

New Zealand’s Inland Revenue released updated guidance outlining its expectations for tax control frameworks (TCFs) as part of increased reviews of tax governance, systems, and processes on 7 April 2025. The guidance identifies six key

The Australian Taxation Office (ATO) has issued a notice denying deductions for general interest charges (GIC) and shortfall interest charges (SIC) from 1 July 2025 for late or outstanding tax payments, covering income years before and after this

The Australian Taxation Office (ATO) has updated its guidance on Monthly exchange rates for 1 July 2024 to 30 June 2025, including rates for January, February, and March 2025 on 2 April 2025. According to the main Foreign exchange rates guidance,

The Government has launched public consultation on proposals to reform the GST rules for joint ventures on 7 April 2025. The proposals in the discussion document are largely aimed at ensuring the GST rules are fit for purpose for joint venture

The Australian Taxation Office (ATO) reminded companies on 3 April 2025 to register their R&D tax incentive activities with the Department of Industry, Science and Resources (DISR) by 30 April 2025 to claim the R&D tax offset for the