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Agreement between the Portuguese Republic and the Government of New Zealand for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital
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 Portugal.
NZ Adherence Status:
In Progress
Negotiation Status:
A first round of negotiations was held in October 2015. The timing for a second round has not yet been set.
Organisation:
Is Signed By NZ:
No
Signature Date:
Ratified or Signed:
No
Requires Ratification:
No
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 Portugal. 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:
If you would like more information about this Treaty please contact us using our contact form.