News Items matching International Law

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Investment properties in Australia owned by NZ residents: application of NZ withholding tax

Date: 02 Mar 2011, Filed under: Conveyancing, Building & Construction law, Buying a Home, International Law

NZ Inland Revenue (IRD) has clarified its position on whether New Zealand residents who borrow money from Australian financial institutions to purc...

100,000 homes damaged, 10,000 unsavable — early estimates

Date: 01 Mar 2011, Filed under: Conveyancing, Building & Construction law, International Law

Wellington, March 1 NZPA - As many as 100,000 homes need repair after last week's devastating Christchurch earthquake and 10,000 will have to be re...

Migration gain shrinks in December from year ago

Date: 07 Feb 2011, Filed under: International Law, Immigration

Wellington, Feb 4 NZPA - The population gain from migration shrunk in December from a year earlier as more people moved to Australia. Perma...

Foreign currency amounts not assessable, but were business sale proceeds

Date: 27 Jan 2011, Filed under: Business & Commercial Law, Competition & Trade Regulation, Taxation law, International Law

The AAT has set aside a decision of the Commissioner and determined that significant amounts of foreign currency deposited in the taxpayer's Austra...

Tax exemption for foreign managed funds where PE exists: law to be amended

Date: 19 Jan 2011, Filed under: Business & Commercial Law, Taxation law, International Law

The Assistant Treasurer has announced changes to the income tax treatment of investment income of foreign funds so that income from relevant invest...

Floods declared disasters for tax purposes

Date: 19 Jan 2011, Filed under: Business & Commercial Law, Taxation law, International Law

The Treasurer has declared the Victorian floods a disaster for the purposes of establishing Australian disaster relief funds, effective from 15 Jan...

Visas up for discussion in Britain-NZ talks

Date: 18 Jan 2011, Filed under: Immigration, International Law, Immigration

Wellington, Jan 17 NZPA - Growing problems for New Zealanders trying to obtain British visas will be up for discussion in talks with British minist...

US-based funds and FIN 48 issue: law to be amended

Date: 06 Jan 2011, Filed under: Banking & Finance, Business & Commercial Law, Trade & Customs, International Law

On 17 December 2010, the Assistant Treasurer announced that the Government will implement changes to provide certainty of the tax treatment for for...

Hotchin allowed to take personal effects to Australia

Date: 22 Dec 2010, Filed under: Banking & Finance, Business Bankruptcy & Insolvency, Business & Commercial Law, Corporations Law, Commercial Litigation, International Law

Auckland, Dec 21 NZPA - The co-founder of the failed Hanover Finance, Mark Hotchin, will be allowed to take personal items to Australia where he no...

Former Five Star directors jailed

Date: 22 Dec 2010, Filed under: Robbery & Theft, Business Bankruptcy & Insolvency, Business & Commercial Law, Corporations Law, Commercial Litigation, International Law

Auckland, Dec 21 NZPA - Two directors of failed finance company Five Star have been sent to jail for more than two years for misleading investors, ...

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