New Zealand: Update on BEPS, transfer pricing proposals | KPMG Global
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New Zealand: Update on BEPS, transfer pricing proposals

New Zealand: Update on BEPS, transfer pricing proposals

New Zealand’s government released its decisions (cabinet papers), supporting policy reports, and public submissions on a number of base erosion and profit shifting (BEPS) proposals. There are decisions concerning:


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  • Rules to limit interest deductions and enhance New Zealand’s transfer pricing rules
  • Rules to prevent avoidance of a New Zealand “permanent establishment”
  • Rules to prevent tax mismatches from “hybrid” arrangements
  • Implementation of the multilateral instrument (MLI)

The core proposals have been approved by Cabinet. The government is aiming for legislation to be enacted by 30 June 2018—so the measures would be effective from 1 July next year for those with 30 June balance dates.


Read an August 2017 report [PDF 230 KB] prepared by the KPMG member firm in New Zealand

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