Novelties in New Zealand Treaty

International Tax Agreements Amendment Bill (No 2) 2009 was introduced into Parliament on 25 November 2009 to give effect to the new tax treaty with New Zealand signed on 26 June 2009. This is Australia’s fourth full tax treaty with New Zealand, the highest number with any country, reflecting our close relationship. As in the past the negotiators have taken the opportunity to experiment with a number of provisions not previously found in Australia’s treaties. This Tax Brief explains the novelties, as well as indicating the main contours of the treaty.   For our full Tax Brief - click here