Agreement between the Government of New Zealand and the Slovak Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

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Treaty Type:

Bilateral/Plurilateral

Common Name:

Responsible Department:

Inland Revenue

Administering Department:

Inland Revenue

Treaty Summary:

The negotiations were entered into with the aim of concluding a Double Tax Agreement (DTA) with the Slovak Republic.

NZ Adherence Status:

In Progress

Negotiation Status:

A first round of negotiations was held in December 2015 and  a second round of negotiations was held in May 2018. The negotiations were concluded in 2019. The treaty was signed in September 2023. The treaty will be brought into force by exchange of diplomatic notes confirming the completion of all necessary steps for domestic entry into force by New Zealand and the Slovak Republic respectively.  

Organisation:

Is Signed By NZ:

Yes

Signature Date:

28/09/2023

Ratified or Signed:

No

Requires Ratification:

Yes

NZ Territorial Applications:

None

Information about required Legislation:

An Order in Council, made under section BH 1 of the Income Tax Act 2007, will need to be made to give effect to the DTA under New Zealand law.

Impacts on Maori:

This is a standard DTA which provides benefits to taxpayers generally in respect of cross-border activity and investment with the Slovak Republic. No specific impact on Maori interests.

Impacts on Stakeholders:

DTAs are generally seen as taxpayer and business 'friendly'. They are entered into with the aim of reducing tax impediments to cross-border trade, investment and other economic activity.

Link To Legislation:

Treaty Text Link:

Contact Information:

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