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New Zealand's Inland Revenue Department has issued guidance on when income from professional services is derived for tax accounting purposes. Read Full Story
New Zealand is allowing businesses in the upper South Island and Greater Wellington areas hit by last year's earthquake and aftershocks to replace assets lost in the earthquake without immediately incurring a tax bill. Read Full Story
For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation. Read Full Story
New Zealand's Parliament has passed a Bill that tightens foreign trust disclosure rules, simplifies tax processes, and reduces or eliminates use-of-money interest for most business taxpayers. Read Full Story
New Zealand's Inland Revenue said that more than 17,300 taxpayers have transferred to its new Inland Revenue goods and services tax (GST) system. Read Full Story
New Zealand's Government has indicated that it plans to cut taxes for lower- and middle-income earners under its next Budget. Read Full Story
New Zealand's Inland Revenue will allow farmers affected by the Northland drought to make late income equalization deposits from the 2016 income tax year and to apply for early refunds. Read Full Story
New Zealand's tax agency will next week introduce improvements to the process for filing and managing goods and services tax. Read Full Story
Australian Trade Minister Steven Ciobo has said that US President Donald Trump's decision not to ratify the Trans-Pacific Partnership is "disappointing, although not unexpected." Read Full Story
New Zealand's tax agency has chosen two private sector partners to build the systems required to modernize tax administration as part of its 10-year plan. Read Full Story
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