The New Zealand government released three reports that take a position that—for tax and anti-money laundering—a global approach is best.
The reports are:
The triple release is a mix of the high-level, the detailed, and the theoretical. The New Zealand foreign trust recommendations—and even the inbound foreign investment tax framework and BEPS reports—are likely to directly affect very few. However, the reports reflect an attempt to position New Zealand and its regulatory system. They are all important documents for assessing New Zealand and its future trajectory in a world that responds collectively to perceived problems.
Of particular interest for FATCA/AEOI purposes are the following points:
Read a June 2016 report [PDF 586 KB] prepared by the KPMG member firm in New Zealand
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