New Zealand enacts generic emergency response tax relief measures and other changes

23 April 2025|Tax Alerts, National/Federal Taxation, Global|New Zealand

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On 29 March 2025, New Zealand enacted legislation containing several key tax reforms, including new standardized tax relief measures that can be switched on in times of emergency.
Other changes include adoption of the crypto-asset reporting framework and rules affecting the transfer of overseas pension and superannuation funds to New Zealand.
Inland Revenue will now begin establishing the necessary administrative processes to facilitate compliance, including by publishing guid…

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