Determining whether a person is New Zealand tax resident (both under domestic law and for the purpose of any applicable double tax agreement) is critical for a number of reasons, including:
- Determining whether (and when) the person is subject to New Zealand income tax on their worldwide income;
- Determining whether the person is entitled to relief from double taxation under a double tax agreement;
- Determining whether the person is eligible to be treated as a “transitional resident” and, if so, from when.
This webinar considers Inland Revenue’s interpretation statement on tax residency, how Inland Revenue’s position has changed, and recent cases on tax residency.
In addition, the webinar will cover how to apply double tax agreements for tax residency purposes, transitional residency, and corporate tax residency.
- Know what questions to ask clients to determine whether they are New Zealand tax resident.
- Understand what connections with New Zealand are more likely to result in a client having a permanent place of abode in New Zealand.
- Learn the correct approach to determining whether a person has a “permanent place of abode” in New Zealand.
- Understand the effect of recent case law developments on whether a person has a “permanent place of abode” in New Zealand.
- Learn about IRD’s current view on what constitutes a “permanent place of abode” and how this has changed.
ORIGINAL BROADCAST DATE
14 February 2019
Intermediate to senior accountants, tax lawyers, immigration lawyers and others who advise clients on tax residence issues.
Stephen Tomlinson, Principal, Tomlinson Law