New Zealand Inland Revenue has launched a public consultation on guidance in relation to the new BEPS rules approved as part of the Taxation (Neutralising Base Erosion and Profit Shifting) Act, which received royal assent in June ({News-2018-06-29/A/5-previous coverage}). This includes guidance on:
- Interest limitation rules
- Hybrid and branch mismatch rules
- Transfer pricing rules
- Permanent establishment anti-avoidance rules
- Administrative measures
The consultation runs through 28 Sept…