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New Zealand Government opts out of Pillar One, Amount B

|Tax Alerts, Information Reporting, Legis ...|New Zealand
New Zealand

  • New Zealand has decided not to adopt the OECD's recently published simplified and streamlined approach to in-country baseline marketing and distribution activities.
  • Existing transfer pricing rules and practice will continue to apply to determine arm's-length outcomes for both foreign-owned distributors operating in New Zealand and New Zealand-owned distributors operating in foreign jurisdictions.
  • Ta…

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