
A Protocol amending the exchange of information within the UK's Double Taxation Convention (DTC) with New Zealand has been signed in London.
The Protocol was signed by Rt Hon Jane Kennedy MP, Financial Secretary to the Treasury and the Rt Hon Jonathan Hunt ONZ, the New Zealand High Commissioner.
A new provision regarding assistance in the collection of taxes between the countries has also been added to the agreement, and it will be presented to Parliament early next year for approval.
The Protocol will enter into force once both countries have completed their legislative procedures and will take effect in both countries from the date that it enters into force.
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