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New Zealand Inland Revenue releases 2024 MNE Compliance Focus document

|Tax Alerts, National/Federal Taxation, T ...|New Zealand
New Zealand

  • The New Zealand Inland Revenue Department (IR) has released a refreshed Multinational Enterprise Compliance Focus document, setting out IR's views on the New Zealand tax compliance landscape as it relates to multinationals.
  • The document provides risk indicators for both base erosion and profit shifting (BEPS) and transfer pricing, in addition to providing some relevant pointers for what areas corporations should pay particular attention to, including in tax corporate governance.
  • The need for New Z…