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Tax Law Update – NZ Government allocates additional funding for audit and enforcement activities

Home Insights Tax Law Update – NZ Government allocates additional funding for audit and enforcement activities

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Contributed by: Tim Stewart and Alex Mackenzie

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Published on: August 27, 2015

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The NZ Treasury has recently released a cabinet paper entitled ‘Extending investment in Inland Revenue’s investigation and collection activities’, tabled by the Minister of Revenue as part of a package of pre-2015 Budget decision making documents.

The paper provides information on the Inland Revenue's current audit and enforcement activities and the background to a planned allocation of NZ$74 million additional funding for these activities.

This article outlines the three main focus areas for this new funding.

Read full article here


This article originally appeared in the September 2015 edition of the International Tax Review.

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