Updated Netherlands DTA in force
New Zealand's updated double tax agreement with the Netherlands came into force on 22 August. The 1980 DTA has been amended by the addition of a new protocol that closes a tax avoidance opportunity involving the payment of cross-border insurance premiums, and a new convention that allows the mutual collection of tax debts. The new protocol applies from 1 April 2005 in New Zealand and from 1 January 2005 in the Netherlands. The mutual assistance convention applies from 22 August 2004 in both countries. For the text of the DTA, new protocol and convention see www.taxpolicy.govt.ird.nz/international/DTA/index.html.