NZ-Australia DTA One Step Closer
The upcoming Double Taxation Agreement (DTA) between New Zealand and Australia has taken one step towards to coming into effect after a Governmental signing of an Order of Council for the document. The...
View ArticleChurch Donation Tax Cheat Sentenced
An Upper Hut resident who defrauded the Inland Revenue Department (IRD) for NZD 41 000 by using a system fake church donations has been sentenced to seven months home detention and 120 hours of...
View ArticleIRD Warns Of Hoax
The New Zealand Revenue Department (IRD) has issued a warning to customers regarding hoax emails they might receive with offers of tax refunds. In a media statement released March 10th, the IRD...
View ArticleTobacco Firm Under IRD Investigation
The New Zealand Inland Revenue Department (IRD) has begun a review of financing transactions made by a tobacco firm. On May 6th British American Tobacco (New Zealand) Ltd (BAT) revealed that it is...
View ArticleIRD to Investigate Offshore Incomes
The New Zealand Inland Revenue Department (IRD) will begin closer scrutiny of new zealanders with undeclared offshore assets and incomes, in an effort to stop tax evasion. Last week the IRD released a...
View ArticleCompany Director Fined for Tax Evasion
A New Plymouth company director has been fined for two counts of failing to adequately declare his income. In his defense, the man partially attributed the omission to supposedly not understating the...
View ArticleGovernment Calls for Comment on IRD Reforms
The New Zealand Government is proposing a series of extensive transformation to the tax filing administration process, promising to deliver greater information ability, ease of filing, along with...
View ArticleThousands of Businesses Cannot Pay Their Taxes
Nearly 30 000 New Zealand companies have had to make arrangements with the Inland Revenue Department, claiming that the recession has affected their ability to meet their tax obligations. Throughout...
View ArticleSurgeon Tax Case Goes to Supreme Court
The legal action between the Inland revenue Department and two Christchurch surgeons is set to continue, after their tax dispute case was accepted to be seen in front of the New Zealand Supreme Court....
View ArticleIRD to Share More Taxpayer Info
The IRD and Ministry of Social Development are improving their info sharing capabilities in order to cut down the occurrence of benefit fraud in New Zealand. Late last week the Minister of Revenue...
View Article