For those of you with an Australian focus Effective 01 April 2003 there is going to be a change to trans Tasman taxation.
This will only effect those companies that have established separate companies in NZ and Australia where profits are being repatriated to NZ. Fundamentally the changes overcome the current double taxation situation and provides for imputation credits to be recognised. The following is a number of web references that you may want to refer your clients to. Detailed information needs to be directed to their respective accountants/tax advisers. 1. TradeNZ http://www.marketnewzealand.com/home/index/0,1455,SectionID%253D4558%2526Con tentID%253D4981,00.html 2. IRD http://www.taxpolicy.ird.govt.nz/publications/files/html/transtasman.html http://www.taxpolicy.ird.govt.nz/index.php?view=219 Cate Hlavac ************************************************************************************* This e-mail message, together with any attachments, is confidential. If you are not the intended recipient, please notify the author immediately and destroy this message. Also refrain from copying, disclosing or using the contents in any way. The information contained does not necessarily represent the official view of Trade New Zealand. ************************************************************************************* --> via Canterbury Software email forum: Success through Connections Email your messages to [EMAIL PROTECTED] Searchable list archive: http://www.mail-archive.com/[EMAIL PROTECTED] Leave or rejoin the list: http://canterburysoftware.org.nz/forum.htm
