Executive summary
New Zealand Inland Revenue Officials have released an Officials’ issues paper discussing New Zealand’s potential adoption of the Organisation for Economic Co-operation and Development (OECD) Pillar Two GLOBE rules. The paper outlines the New Zealand Inland Revenue Officials’ (Officials) views as to whether New Zealand should adopt the GLOBE rules, and if so, how and when the rules should apply.
It is important to note that the document represents the views of the Officials only. …