Written by Israel Vaealiki, PARTNER; Richard Wilson, CONSULTANT on April 12th, 2017.
The Taxation (Business Tax, Exchange of Information, and Remedial Matters) Bill has been enacted by Parliament and amends the Income Tax Act 2007 and the Tax Administration Act 1994. The changes to these Acts create new registration and disclosure requirements for the New Zealand resident trustees of foreign trusts.
Written by Darryl King, PARTNER on November 14th, 2016.
New Zealand generally welcomes foreign investment. The regulation of foreign investment in New Zealand is liberal by international standards. New Zealand’s inbound investment rules regulate investments in New Zealand significant business assets, certain types of sensitive land (including farm land), and fishing quota. This guide provides an overview of New Zealand’s overseas investment regime.