The Master Tax Guide, New Zealand’s most popular tax handbook, contains practical examples and concise summaries of legislation, cases and IRD rulings and statements affecting the 2014/2015 and future tax years. The commentary is concise and easy to read.
Recent legislative changes covered include:
- changes to the tax treatment of employer-provided accommodation, allowances and other reimbursement payments paid by employers to employees
- new rules for New Zealand residents with interests in foreign superannuation schemes
- the tax treatment of lease payments
- changes to the deductibility of certain black hole expenditure
- clarification of the tax rules for deregistered charities
- clarification of the date of acquisition of land
- replacement of the tax rules for mining of specified minerals
- changes to student loan repayment obligations and the parental tax credit
- United States’ Foreign Account Tax Compliance Act
- extension of the thin capitalisation rules.
The new edition also covers:
- changes to financial reporting requirements for small and medium sized companies
- revised rules for small value loans for transfer pricing purposes
- the updated national standard costs and national average market values for specified livestock
- all public rulings, interpretation statements and standard practice statements released by the Commissioner in 2014
- new developments in case law from reported 2014 judgements.
As well as the comprehensive guidebook, you also receive:
- a free copy of New Zealand Depreciation Rates
- a free eBook version of the New Zealand Master Tax Guide.
