Graham Murray

G7 throws support behind taxes on multinationals

The G7 has thrown its weight behind proposals to subject large multinationals to tax in countries where they do business and to a 15% global minimum tax rate.​

Offshore suppliers, are you caught in the New Zealand GST net?

Many countries have expanded or are expanding the scope of their GST or VAT regimes to capture transactions by offshore suppliers that were not previously caught – New Zealand is one of these countries.

Significant tax changes on the way for residential property investors

The Government has announced a suite of new measures intended to address housing affordability in New Zealand. Among the new measures are two significant changes to the taxation of residential property investments.

COVID-19 Tax relief measures, new and old

The COVID-19 crisis has put significant financial stress on many New Zealand businesses. For many, tax is only one of the liabilities fighting for attention among others in these uncertain times. It has also been a difficult time for internal tax functions with the Alert Level 4 lockdown coinciding

Taxation of the Digital Economy: update

​​​​​​In early June the Government released a d​iscussion document on New Zealand's options for taxing the digital economy.

Digital services tax: what would it look like?

​​​​​​Earlier this year, Prime Minister Jacinda Ardern announced the Government's intention to introduce a new digital services tax (DST) that would apply to multinational digital companies operating in New Zealand. ​

The Tax Working Group’s Interim Report - A capital gains tax for New Zealand?

The Tax Working Group has released its Interim Report on the Future of Tax. Amongst a number of other matters, the Interim Report describes two alternative methods for the implementation of a capital gains tax in New Zealand, which will be the subject of further consideration over the coming months.

Multinational tax proposals move closer to enactment with (some) taxpayer concessions

​​​​The Officials' Report on submissions on the bill containing new rules to combat "base erosion and profit shifting" (often referred to as BEPS) by foreign multinationals has finally been released together with the second reading of the bill.