1.25 CPD hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $180.00 excl. GST

Description

On 3 March the Minister of Revenue announced important proposals in respect of New Zealand’s response to target multinationals’ base erosion and profit shifting (BEPS) activities. Broadly, the proposals consist of:

  • Reform of New Zealand’s transfer pricing rules 
  • Changes to the thin capitalization safe harbour calculation 
  • Introduction of an interest rate cap for intercompany loans 
  • A permanent establishment (PE) avoidance rule for non-residents selling direct to New Zealand customers with the support of a related New Zealand services entity. 
  • Signing of a multilateral instrument to effect various changes to New Zealand’s double tax treaties 

These proposals are relevant to all multinational companies operating in New Zealand in some form and will give Inland Revenue greater clout to address, what they perceive, are major BEPS issues. Many of the changes are also important for New Zealand headquartered companies with cross border operations.

This webinar is intended to be informative and practical. It is relevant to any tax or finance person involved with a company that has cross border intercompany transactions, and especially intercompany loans into New Zealand.

LEARNING OUTCOMES

  • Attendees should be better informed of these changes relevant to their own companies.
  • What are the potential risks and how can the potentially mitigate them
  • What companies should do regarding these upcoming changes

SUITED TO

CFO, financial controller, accountant or finance manager of a multinational company.
A consultant or accountant in practice advising multinational companies.

ORIGINAL BROADCAST DATE

12 April 2017

PRESENTER

Mark Loveday, Partner, EY