The first-time income tax treaty and protocol between Spain-New Zeland, signed on 28 July 2005, entered into force on 31 July 2006. In Spain, the treaty generally applies from 1 January 2007; and in New Zealand, the treaty applies from 1 September 2006 for withholding tax purposes and from 1 April 2007 for other tax purposes. Further details of the treaty will be reported subsequently…