India, New Zealand sign FTA
India and New Zealand signed a free trade agreement (FTA) on Monday, 27 April 2026 in New Delhi, aiming to cut tariffs, expand market access and strengthen economic ties amid ongoing global trade tensions. The deal was signed by India’s
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New Zealand: IR consults Customs data-sharing plan to curb working for families overpayments
New Zealand’s Inland Revenue (IR) initiated a consultation on 24 April 2026 on a proposed Approved Information Sharing Agreement (AISA) with the New Zealand Customs Service aimed at reducing Working for Families tax credit overpayments when
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New Zealand: IRD consults on GST reduced value rule for long-stay commercial accommodation
New Zealand Inland Revenue has released a draft interpretation statement for public consultation on Goods and Services Tax – Reduced value rule in s 10(6) for supplies of domestic goods and services in commercial dwellings on 17 April 2026. The
See MoreNew Zealand releases guidance on tax treatment of sponsorship arrangements
New Zealand’s Inland Revenue has issued Interpretation Statement IS 26/10 on the income tax implications of providing sponsorship on 20 Apr 2026, replacing and updating IS3229 Deductibility of sponsorship expenditure. The statement explains how
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Croatia: Government approves income tax treaty with New Zealand
The Croatian government approved a draft bill on 16 April 2026 to ratify its first income tax treaty with New Zealand. The agreement, which was signed on 20 November 2025, establishes comprehensive tax rules between the two nations. The agreement
See MoreNew Zealand tightens stance in updated TP guidance, introduces thin capitalisation infrastructure exemption
New Zealand’s Inland Revenue (IR) has issued updated guidance on Transfer Pricing Documentation and Thin Capitalisation Rules on 31 March 2026, replacing earlier versions from 2025 and 2021. The transfer pricing (TP) documentation guidance
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New Zealand passes major tax reform law with FIF, GST, infrastructure changes
New Zealand Inland Revenue has announced, on 31 March 2026, that the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill received Royal assent on 30 March 2026, enacting it into law. The legislation
See MoreNew Zealand revises CRS reportable jurisdictions list
The New Zealand Inland Revenue released Tax Information Bulletin Volume 38 – 2026, which includes, among other items, Determination AE 26/01 on the participating jurisdictions for the Common Reporting Standard (CRS) on 1 April 2026. This
See MoreNew Zealand consults on draft tax debt relief guidance
New Zealand Inland Revenue has released a draft Standard Practice Statement (SPS) on 27 March 2026, updating and replacing SPS 18/04. The draft sets out the Commissioner’s approach to relief from tax debt under the TAA 1994 for individuals,
See MoreNew Zealand cuts UOMI rates on tax underpayments and overpayments for 2026
New Zealand's Inland Revenue (IRD) has reduced interest rates on tax payments effective 16 January 2026. The underpayment rate dropped to 8.97% from the previous 9.89%, while the overpayment rate decreased to 2.25% from 3.27%. The earlier
See MoreNew Zealand consults tax framework for off-market share cancellations
New Zealand's Inland Revenue has released a draft Operational Statement for public consultation addressing the bright line tests used to classify off-market share cancellations as either taxable dividends or non-taxable capital returns. This
See MoreNew Zealand: Government announces 2026 budget date
The New Zealand Government will present its 2026 Budget on 28 May 2026, outlining its financial intentions for the 2026–2027 fiscal year, Finance Minister Nicola Willis announced on 28 January 2026. “The focus of this year’s Budget will be
See MoreNew Zealand: Inland Revenue updates guidance on Crypto-Asset Reporting Framework
New Zealand’s Inland Revenue has issued updated guidance on the Crypto-Asset Reporting Framework (CARF) on 16 January 2026. The Framework, developed by the OECD to increase the visibility of activities in the crypto-asset sector, will take effect
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Chile: SII publishes circular on MFN clause activation in tax treaties with five countries
Chile’s tax authority (SII) issued Circular No. 65 on 3 December 2025, addressing the activation of Most-Favoured-Nation (MFN) clauses in Chile’s tax treaties with Belgium, New Zealand, Norway, Switzerland, and Uruguay. These clauses are
See MoreNew Zealand: Inland Revenue consults shareholder loans
New Zealand Inland Revenue launched a public consultation on 4 December 2025 on the taxation of company loans to shareholders. The consultation proposes a new 12-month time limit, under which certain shareholder loans would be treated as
See MoreCroatia, New Zealand sign income tax treaty
Croatia’s Ministry of Finance announced that Croatia and New Zealand have signed a new income tax treaty on 20 November 2025. The agreement aims to eliminate double taxation and prevent tax evasion between the two countries. The treaty is
See MoreNew Zealand: Inland Revenue consults income tax treatment of software development
New Zealand’s Inland Revenue has launched a public consultation on the income tax treatment of software development expenditure, as well as the customisation and configuration costs associated with software-as-a-service (SaaS) products 17 November
See MoreUS removes tariffs on New Zealand agricultural products
The US has removed tariffs on more than USD 2 billion of New Zealand exports, including beef and kiwifruit, Trade Minister Todd McClay said. The move follows an executive order by President Donald Trump reversing previous import duties. Rising US
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