KPMG aims to be at the forefront of thought leadership on tax policy.
Tax policies entail trade-offs between efficiency and equity of the tax system, the compliance costs imposed on taxpayers and administrative costs. We aim to provide an object evaluation of these trade-offs to better inform policy makers. Each year we make a number of submissions on draft tax legislation, Government discussion documents and issues papers, and various tax interpretation statements released by New Zealand Inland Revenue.
2024 Tax Submissions
PUB00367: Partnerships (including limited partnerships) – general guidance | 28 May 2024
PUB00364: Employee Share Schemes | 8 May 2024
2023 Tax Submissions
Disposals of trading stock at below market value | 5 September 2023
Taxation (Annual Rates for 2023– 24, Multinational Tax, and Remedial Matters) Bill | 13 July 2023
Tax Principles Reporting Bill | 9 June 2023
PUB00464: Deductibility of software as a service (SaaS) configuration and customisation costs | 1 May 2023
ED0246: Determination EE004 – Tax treatment of reimbursing payments made to employees | 29 March 2023
PUB00443: Foreign investment fund (FIF) default calculation method | 7 March 2023
Inland Revenue's Long Term Insights Briefing 2022 | 24 February 2023
2022 Tax Submissions
2021 Tax Submissions
Cross-border workers: Issues and options for reform | 26 November 2021
Taxation (Annual Rates for 2021-22, GST, and Remedial Matters) Bill | 9 November 2021
Long Term Insights Briefing | 6 September 2021
Design of the Interest limitation rule and additional bright-line rules | 14 July 2021
BG 1 draft | 7 April 2021
ED0225: administration of the imported mismatch rule (section FH 11) | 5 February 2021
2020 Tax Submissions
ACDA Response | 18 December
Non-Resident Employers | 4 September
Purchase Price Allocation | 17 February
2019 Tax Submissions
Changing GST treatment | 11 November
PUB00345 foreign trusts distributions | 17 September
Investment income withholding and reporting intermediary entities | 06 September
Submission on the taxation bill | 04 September
Options for taxing the digial economy "work in progress" response | 19 July
Submission on Business premises exclusion fron the bright-line test | 12 June
Submission on GST offshore supplier bill | 28 February
2018 Tax Submissions
Submission on Chapter 8 and Appendix B of Tax Working Group Interim Report | 5 November
Submission on Tax Working Group Interim Report | 12 October
Letter - Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill | 5 October
Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill | 13 August
GST on low-value imported goods: An offshore supplier registration system | 5 July
R&D tax incentive | 1 June
Ring-fencing rental losses | 16 May
Future of Tax: Submissions Background Paper | 30 April
Taxation (Neutralising Base Erosion and Profit Shifting) Bill | 8 February
2017 Tax Submissions
Taxation of employee share schemes: start-up companies | 17 July
Taxation of trusts | 12 July
Black hole and feasibility expenditure | 10 July
BEPS – Strengthening our interest limitation rules | 19 April
BEPS – Supplementary TP and PE submission | 19 April
BEPS – Transfer pricing and permanent establishment avoidance | 13 April
Making Tax Simpler | 10 March 2017
Draft guidance on the AEOI | 10 March 2017
Multilateral Instrument | 22 December
Interest limitation – letter to IRD | 25 September
Making Tax Simpler: better administration of individuals’ income tax | 28 July
Taxation (Annual Rates for 2017-18, Employment and Investment Income, and Remedial Matters) Bill | 5 July
2016 Tax Submissions
Revised statement on deductibility of detailed seismic assessment costs
1 December 2016
Deductibility of feasibility expenditure | 25 November 2016
Addressing Hybrid Mismatches | 3 November 2016
Business Tax and Information Exchange Tax Bill | 9 September 2016
Investment income submission | 22 August 2016
Closely-Held Companies (and NRWT/AIL changes) Tax Bill | 29 July 2016
Taxation of employee share schemes | 23 June 2016
Making Tax Simpler: Better Business Tax | 30 May 2016
Review of New Zealand’s foreign trust regime | 23 May 2016
Are proceeds from the sale of gold considered income? | 8 April 2016
Land acquired for a purpose or with an intention of disposal | 8 April 2016
Filing an IR10 and section 108 of the TAA 1994 | 5 April 2016
Automatic exchange of information (AEOI) - design of the rules | 31 March 2016
Better Administration of PAYE and GST | 19 February 2016
New Tax Administration Act | 19 February 2016
Deductibility of seismic assessment costs | 4 February 2016
2015 Tax Submissions
GST current issues | 21 December 2015
Loss grouping and imputation credits | 2 November 2015
Closely held company taxation issues | 22 October 2015
Residential Land Withholding Tax | 5 October 2015
GST: Cross-border services, intangibles and goods | 25 September 2015
Taxation (Bright Line Test for Residential Land) Bill | 17 September 2015
FBT exclusion for employer provided car parks | 3 September 2015
Bright-line test for sales of residential property | 24 July 2015
NRWT: related party and branch lending | 3 July 2015
Green Paper on Tax Administration | 11 June 2015
Making Tax Simpler: Better Digital Services | 25 May 2015
Review of the Customs and Excise Act 1996 | 1 May 2015
Simplifying the collection of tax on employee share schemes | 30 April 2015
Taxation Bill | 30 April 2015
Related parties debt remission | 30 April 2015
Deductibility of guarantee payments | 30 April 2015
Unit trusts, whether more than one unit holder is required | 23 April 2015
Whether option cost is part of revenue account land | 23 April 2015
Term life insurance policy taken out by employee & employer | 30 March 2015
GST & the costs of sale associated with mortgagee sales | 27 March 2015
