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Automatic Exchange of Information by banks to IRD

Inland Revenue is trying to raise awareness of the upcoming changes to information sharing. A series of public anouncements is scheduled for June and July 2017. http://www.ird.govt.nz/international/exchange/crs/aeoi-crs/
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Automatic Exchange of Information by banks to IRD

At least once a month I am asked the question “What is the likelihood of the revenue authorities finding out about my XXXX”. My response is always the same “What is the likelihood of them not finding out about your XXXX”. The powers that revenue authorities around the world have, to enquire into your affairs are exceptionally broad (ask those who have been in the cross-hairs of the Inland Revenue...
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Do you have a UK mortgage?

Do you have a UK mortgage? If you have a UK mortgage, grab a bottle of gin before you read on, there is some bad news to come. In fact, if you are paying any mortgage outside of New Zealand (NZ), you should read this, because the concepts I’m about to introduce apply to all NZ taxpayers with an overseas mortgage. Most individuals living in NZ who have a property in the UK are (hopefully) aware...
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Australian Superannuation Reforms

Do you have an Australian Superannuation fund? Are you up to speed with the reforms? The Treasury has issued a series of fact sheets, however given the importance of superannuaiton, you may wish to seek advice that is specfic to you. We work alongside Tony Pitara at Pitara Partners http://www.treasury.gov.au/Policy-Topics/SuperannuationAndRetirement/Sup... If you want to understand the...
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IRS Now Accepting ITIN Renewal Applications

Under the Protecting Americans from Tax Hikes (PATH) Act of 2015, any ITIN not used on a federal tax return at least once in the last three years will no longer be valid for use on a tax return as of Jan. 1, 2017. If a taxpayer has an ITIN that is scheduled to expire and needs to file a tax return, it’s important not to delay. By submitting the application package in the next few weeks ITIN...
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