New Zealand Consulting on BEPS Guidance

New Zealand Inland Revenue has launched a public consultation on guidance in relation to the new BEPS rules approved as part of the Taxation (Neutralising Base Erosion and Profit Shifting) Act, which received royal assent in June ({News-2018-06-29/A/5-previous coverage}). This includes guidance on:

• Interest limitation rules
• Hybrid and branch mismatch rules
• Transfer pricing rules
• Permanent establishment anti-avoidance rules
• Administrative measures

The consultation runs through 28 Sept…