New Zealand - International questionnaire for tracking BEPS

International tax matters have always been a priority for New Zealand Inland Revenue (NZIR), and the increasing global focus on base erosion and profit shifting (BEPS) has brought such matters further to the forefront in recent years. NZIR has an extensive international compliance programme, in particular covering multinational enterprises (MNEs) with local turnover in excess of NZ$30 million.

 

We take a proactive intelligence-led approach

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John Nash
Zambia - 2019 legislative changes

1.0 INTRODUCTION

The national budget was presented to the National Assembly on Friday 28th September 2018 by the Honourable Minister of Finance, Mrs. Margaret D. Mwanakatwe.

The following key changes were enacted and became operational on 1st January 2019:

 

1.1INTEREST DEDUCTION

The Income Tax Act has been amended to

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Mbuyu Mwiika Ndabala
Mauritius - Publication of guides

Recently the Mauritius Revenue Authority (MRA) published two guides as a facilitation tool to ease compliance for its taxpayers and stakeholders. Effective from last year, the collection functions of Social Security Contributions (SSCs) were centralized at the tax authority. This has allowed employers to benefit from the wide ranging e-services and e-payment facilities developed by the MRA. To further enhance the compliance by employers in meeting their SSCs obligations, the Guide to Employers (NPF / NSF and Training Levy) was published. It gives detailed information on the obligation to pay contributions, registration of employers, contribution rates, and submission of returns amongst others.

The MRA also released Guidelines

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Mukhta Toofanee
New Zealand - ‘Keep Our Money Clean’ Campaign

Offenders that commit crimes for financial gain generally need to launder their illicit funds to make them usable. In New Zealand, the key crimes that generate proceeds that need laundering are those involving drugs, tax evasion and fraud. These offences cause significant harm in our communities. The proceeds of crime generated through laundering pose particular threats to New Zealand’s finance, property and retail sectors, as well as New Zealand’s standing internationally.

Inland Revenue is heavily involved in

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John Nash
Mauritius - Facilitating filing + big data analytics

The months of September/October represent the peak filing period for individual taxpayers in Mauritius. To enable taxpayers to meet their fiscal obligations, the Mauritius Revenue Authority (MRA) made provision for an array of facilities during this year’s filing season. During the last week-end of September 2018, the MRA operated 18 Free Income Tax Assistance (FITA) centres around the island. MRA officers were present in these centres to assist taxpayers in filing their returns and paying tax, if any. There were more than 12,000 taxpayers who availed of this facility. Our computer savvy taxpayers are always

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Mukhta Toofanee