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Inland Revenue

Tax Policy

PUBLISHED 23 December 2019

New DTA with China to come into force

A new double tax agreement with China, which was signed in April this year, will come into force on 27 December 2019. It replaces an earlier agreement dating back to 1986. The new agreement contains provisions to ensure those who conduct business between China and New Zealand do not have to pay tax in both countries for the same transaction.

The new DTA with China does not apply to Hong Kong, which is managed by a separate DTA.