Accounting Blog

Inland Revenue has formally launched its 2015/16 Multinational Enterprises Compliance Focus guide.

This latest version updates the 2013/14 document. It provides insights into Inland Revenue’s monitoring of all New Zealand businesses. This includes the Commissioner’s view of:

  • Tax governance and control structures.
  • Compliance with international tax regimes, including transfer pricing, cross-border financing and controlled foreign company (“CFC”) rules.
  • Responses to Base Erosion and Profit Shifting (“BEPS”) developments, both in New Zealand and internationally.