The outcome in Penny and Hooper v CIR is relevant to a broad swathe of the economy.

The government is seeking input on its proposed 12.5% tax credit for new research and development.

Companies with, and thinking of adopting, an ESS as part of their remuneration package should review their arrangements.

IRD is now ahead of liquidators and receivers in the liquidation payment queue, when cash is available and PAYE is owed.

Labour's proposals to make KiwiSaver compulsory for employees, and to vary contribution rates, raise interesting issues.

This update comments on two areas of recent change in New Zealand’s income tax law, which will be of interest to nonresidents of New Zealand.

This idea of a Fair Tax for Savers may deserve debate and serious consideration by the Government and policy-makers.

Many participants in the New Zealand private equity market will have been aware of the brouhaha across the Tasman last year when the Australian Taxation Office (ATO) asserted that A$452M of Australian tax was owed on the sale of shares in Myer Group by a fund managed by TPG.

On 2 August the Supreme Court granted the taxpayers leave to appeal the Court of Appeal’s majority decision in Commissioner of Inland Revenue v Penny and Hooper (2010) 24 NZTC 24,287.

The article explains the new tax law changes and summarises the reform proposals the IRD has put up for discussion.

The IRD plans to make lease inducement payments taxable even before legislation effecting the change has been written.

If 2009 was the year of the conduit financing case, 2010 will be remembered as the year closely held entities took centre stage in the eternal struggle between taxpayers and tax authorities.

Tax authorities sometimes try to promote the idea that companies must pay their "fair share" of taxes.

The proposed NZ tax changes aim to remove most of the concessionary elements of the specified minerals mining regime.

The bill introduces a new regime to tax interests in foreign superannuation schemes and other migrant retirement savings.

This Brief Counsel discusses a recent court decision on personal properties securities.

This article sets out some of the key steps to starting your own small business in New Zealand.

The Court of Appeal has upheld the principle that receivers must account to IRD for the GST on a mortgagee sale.

Recap – when & how do the PPA rules apply? How have they been adopted & applied? Anomaly with auction sales.

The PPA rules apply to commercial property sale and purchase transactions of land and buildings greater than $1.0m.