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IRD – Further Steps to Combat Tax Evasion

IRD – Further Steps To Combat Tax Evasion

At their most serious, tax crimes, such as tax evasion, are prosecuted as fraud.

Cabinet has agreed to add another 30 territories to the current list of 60 jurisdictions where New Zealand has information-sharing agreements as part of a global standard known as the Automatic Exchange of Information (AEOI).

This increases the ability to ensure all New Zealanders are paying their fair share of tax, including those who have financial interests in other countries, or who try to evade their tax obligations by hiding assets offshore. 

Read more here: https://media.ird.govt.nz/articles/further-steps-to-combat-tax-evasion/

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