17 Apr 2025
Operational statements / 2025
This statement prescribes how a tax agent, or a representative can obtain the authority to act from their clients and the process for a person to get another person to act for them in relation to their tax affairs and/or their social policy entitlements and obligations. In these guidelines these people will collectively be referred to as “tax agents”, “representatives”, “nominated persons” or “agents” as the context may require.
16 Apr 2025
Questions we've been asked / 2025
This question we have been asked explains the income tax treatment of gift cards and products provided by trade suppliers to trade customers (business to business) as trade rebates, promotions, or rewards for trade customers buying goods or services from trade suppliers.
14 Apr 2025
Technical decision summary / 2025
Amalgamation of companies; disposal of shares held on capital account; whether taxable
07 Apr 2025
Interpretation statements / 2025
This interpretation statement considers the tax consequences for forestry activities registered in the Emissions Trading Scheme (ETS). The statement considers the tax consequences of receiving, selling and surrendering emissions units (NZUs), as well as the tax treatment of specific transactions involving NZUs. For general information on the ETS, see Ministry for Primary Industries Forestry in the Emissions Trading Scheme.
07 Apr 2025
Fact sheets / 2025
This fact sheet accompanies IS 25/13 which considers the tax consequences for foresters who are registered in the Emissions Trading Scheme (ETS) and who receive, sell and surrender emissions units (NZUs). This fact sheet summarises the tax treatment of acquiring, selling and surrendering NZUs in a forestry context.
04 Apr 2025
Interpretation statements / 2025
This interpretation statement considers situations where a person’s use of their residential property has changed so the property moves from being under one set of income tax deduction rules to another. It explains how a person determines which income tax deduction rules apply and the consequences of moving between the standard tax rules and the mixed-use asset rules.
04 Apr 2025
Interpretation statements / 2025
This interpretation statement provides general guidance on the income tax treatment of partnerships. Most of this statement is relevant to both general and limited partnerships. The rules are largely the same for both types of partnership.
04 Apr 2025
Interpretation statements / 2025
This interpretation statement explains when a New Zealand tax resident investor can choose to apply the cost method to calculate their foreign investment fund (FIF) income on shares held in foreign companies. It includes some examples on when an independent valuation may be required to apply the cost method and how the cost method can be applied.
04 Apr 2025
Interpretation statements / 2025
This interpretation statement provides guidance on when losses incurred before an amalgamation by an amalgamating company, an amalgamated company or another company that is within the group but not a party to the amalgamation, can be used after the amalgamation.
04 Apr 2025
Interpretation statements / 2025
This interpretation statement provides guidance on the tax treatment of company amalgamations.
