IR Withdraws SPS Perhaps not quite as dramatic as the title suggests, IR has withdrawn a 2008 Standard Practice Statement – SPS 08/03 Income Tax Act 2007 – Penalties and interest arising from unintended legislative changes. The SPS was issued by IR to counter concerns that the enactment of the Income Tax Act 2007 effective […]
Hong Kong DTA Amendment The Double Tax Agreements (Hong Kong) Amendment Order (LI 2018/118) was notified in the New Zealand Gazette on 12 July 2018 and comes into force on 9 August 2018. The order gives effect to the Second Protocol to amend the NZ/Hong Kong DTA, which removes a present clause that prohibits the […]
When companies reach certain amount of capital they are under special control from the local PRC, this means that they will have to inform the local PRC in advance of an Ordinary SH Meeting to allow the PRC to send its employees to verify the legal requirements to have a valid a SH meeting, they […]
In the global ranking of economic, politico-legal and socio-cultural framework conditions, Northern America, Oceania and Northern and Western Europe again occupy the top places. These are the results of what is now the seventh edition of the International Business Compass (IBC) produced jointly by BDO AG Wirtschaftsprüfungsgesellschaft (BDO Germany) and the Hamburg Institute of World Economics (HWWI). […]
Per Diem Allowance Rate SetIt is a common practice in NZ’s Screen Production Industry, for both contractors and entertainers (resident and non-resident) to receive a daily per diem allowance as a result of the screen production they are working on, requiring them to be away from their usual place of residence. The allowance is to […]
We would like to take a moment to introduce Abdullah and welcome them to the network. Please feel free to reach out to Abdullah using the contact information below: +41 58 596 12 22 +41 58 596 12 20 [email protected]
Please feel free to reach out to Tobias using the contact information below: +41 58 596 12 22 +41 58 596 12 20 [email protected]
We would like to take a moment to introduce Timon and welcome them to the network. Please feel free to reach out to Timon using the contact information below: +41 58 596 12 22 +41 58 596 12 20 [email protected]
Public Transport a more attractive option?It was certainly a busy week for Parliament, the Government calling for sitting under urgency to ensure two items of legislation were passed, prior to their intended application dates of 1st July.The first was the Regional Fuel Tax (RFT), and if in Auckland from July 1st, expect your price at […]
Monday, 18 June 2018 Recently I have come across a number of clients who were trustees of their GST registered family trusts,where they were contemplating making a distribution of trust assets that were a component of the trust’s taxable activity, to a beneficiary, and they had overlooked the GST implications of the transaction. In the […]
As tax residency and jurisdiction becomes increasingly political, Chris Downing, tax director at Inspire Accountants, considers the treatment of high net worth individuals coming to the UK, based on the position of a non-domiciled individual becoming resident in the UK for tax purposes This is premium content. You are just moments away from full access […]
The European companies must learn how to promote, sell, and distribute products or services through a variety of channels and retail formats in China. For global consumer companies, building this kind of regional–local Channel can be an enormous challenge—but it can’t be ignored. The most successful global consumer enterprises are radically reshaping their organizations and […]